During the festival month, when many Hong Kongers are focused on “hungry ghosts,” a new survey has brought to light an alarming problem of food shortages that plagues far too many people in the city. Efforts to address this problem must be intensified, because it persists despite the city having ample resources, and GDP per […]
During the festival month, when many Hong Kongers are focused on “hungry ghosts,” a new survey has brought to light an alarming problem of food shortages that plagues far too many people in the city. Efforts to address this problem must be intensified, because it persists despite the city having ample resources, and GDP per […]
Food inflation on store shelves is easy to spot. Figuring out who or what caused it is far more difficult. Vice President Kamala Harris, the Democratic presidential candidate, wants to ban “price gouging” in the food industry to counter food inflation, which has been the scourge of the economy for three years. Food prices have […]
High food prices have become a major talking point in the upcoming presidential election, with both sides citing different reasons for rising food prices over the past four years. Economists say a number of factors are at play, depending on the type of food. Vice President Kamala Harris, who is running for president, pledged last […]
As part of broader plans to lower the cost of living for Americans, Harris said in her economic speech last week in Raleigh, North Carolina, that she intends to combat gouging in food prices during her first 100 days in office. Harris plans to “make cost-cutting and economic security for Americans one of her top […]
Some not so good news can be found in this month’s CPI inflation report. In July, food prices rose 1.1% from a year earlier, according to the latest data from the Bureau of Labor Statistics, and 0.3% more than in June. The price of eggs, which rose 19.1% year over year and 5.7% month over […]
Restaurant meal prices exceed supermarket food prices by 4 to 1%, but consumers continue to spend … (+) prepared for it. Here’s why and how some grocery retailers are fighting back. getty Clam shell or plastic? US consumers may complain about rising food prices, but when it comes to dinner, many prefer to spend more […]
Value has become the buzzword for fast food brands these days. Like CNBC reported On Sunday (August 11), restaurant CEOs repeatedly pointed to the value of their restaurants as they explained to investors the reason for the decline in sales, while also presenting their plans to increase customer traffic. “Value” appeared almost 80 times when […]
