World food prices post biggest decline since 2008 in July -
klat - 21-01-2023
Global food prices fell the most since 2008 after concerns over supplies of grains and vegetable oils eased as Ukraine moved toward restarting exports.
A United Nations index of world food costs plunged almost 9% in July. The index fell to the lowest since January, before Russia’s blockade of ports in Ukraine -- a major food exporter -- pushed up food costs to a record.
The UN index fell for a fourth month, offering some relief to consumers facing a deepening cost-of-living crisis that spans everything from energy to transport. Still, prices remain elevated, putting pressure on low-income households and worsening global hunger.
https://www.theedgesingapore.com/news/commodities/golden-energy-shares-surge-possible-acquisition-controlling-widjaja-family
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RE: World food prices post biggest decline since 2008 in July -
Stoki - 21-01-2023
But food prices have gone up and up in Sg without stopping or decline.
Strange
RE: World food prices post biggest decline since 2008 in July -
winbig - 21-01-2023
(21-01-2023, 10:45 AM)Stoki Wrote: But food prices have gone up and up in Sg without stopping or decline.
Strange
In Singapore food prices only go up and stay there until the next reason to go up again. Never go down. Those in f&b gets richer and richer.
RE: World food prices post biggest decline since 2008 in July -
Tee tiong huat - 26-01-2023
(21-01-2023, 10:45 AM)Stoki Wrote: But food prices have gone up and up in Sg without stopping or decline.
Strange
Yes....Very Strange.
RE: World food prices post biggest decline since 2008 in July -
pervertosan - 26-01-2023
hawker and restaurant will never adjust price back down..
RE: World food prices post biggest decline since 2008 in July -
debono - 26-01-2023
(21-01-2023, 12:40 PM)winbig Wrote: In Singapore food prices only go up and stay there until the next reason to go up again. Never go down. Those in f&b gets richer and richer.
(26-01-2023, 01:02 PM)pervertosan Wrote: hawker and restaurant will never adjust price back down..
Hawkers and restaurant will never adjust downwards, but always on the upward trend, citing increase in GST as the factor..............