Tag: Food prices
Amid blasphemy and bankruptcies, religious extremism continues to dominate politics in Pakistan
Islamabad [Pakistan]March 27 (ANI): Religious extremism and blasphemy have been used to serve political ends in Pakistan since its inception and it continues even now that the country is facing an unprecedented financial crisis, European Times reported. The democratic government and even the powerful army of Pakistan cannot dare to ignore Islamists. There has been […]
Denmark for cocktails, Norway for cauliflower: sky-high food prices make the Swedes head west
The Swedes are well known for the way they regard Denmark as an off-licence, but for the most part they are not big border shoppers, as the Danes are with Germany, the Germans are with Poland, the Poles are with … etc. But in recent months, prices have skyrocketed – at a faster pace than […]
464: This is how Ebba Busch hopes to cope with the crisis
The Christian Democrats’ party secretary Johan Ingerö has been reported to the police by party colleague Sara Skyttedal. Skyttedal accuses Ingerö of something that allegedly happened at a party in connection with the EU elections in 2014. Ingerö, who denies the accusations, has been forced to leave her position as party secretary. Party leader Ebba […]
That is why the politicians refuse to lower the price of food
Economic commentator Kristian Åström tells the story of how Swedish politicians have so far stayed away from controlling food prices. But in the 70s it was different. Then a group of housewives from Skärholmen managed to get Prime Minister Olof Palme to listen and lower the price of food. The news podcast Today’s Eco brings […]
Inflation on the rise in Finland: a long battle to tame prices ahead, warns the chief economist
Although prices may not continue as quickly as in February, the continuation of inflationary pressures is a major economic risk. The high price of electricity, food and increased loan interest rates were the main factors of annual inflation. Food and non-alcoholic drinks prices rose by a record 16.3% compared to last year, while monthly inflation […]
Georgia’s dream of Europe and the specter of inflation that refuses to die
Clashes between police and protesters in the Georgian capital Tbilisi have involved firebombs, tear gas and water cannons. On the surface, the protests have been about a bill aimed at organizations and media that receive money from abroad, it has been called “the Russian law”. But beneath the surface, the strong images are about much […]
Inflation accelerated to 8.8 percent in February, food prices rose by 16 percent
Prices of staples such as sugar, flour, butter and eggs are rising rapidly, with inflation for all well over 30 percent compared to February 2022.
Sweden sees record high food prices, mainly for baby food
STOCKHOLM, March 6 (Xinhua) — Food prices have seen record month-on-month increases in Sweden, with baby food particularly affected, a survey showed on Monday. The survey by price comparison site Matpriskollen covered around 44,000 items and showed that food prices had increased by 2.5 percent in February – the highest monthly increase since 2015, the […]
Despite the extreme propaganda, 39 percent of Europeans still doubt Ukraine’s victory
Other respondents are skeptical about Ukraine’s ability to defeat Russia in this war. In addition, the survey found that while 68 percent of respondents believe that the attack on Ukraine is an attack on Europe as a whole, there is still a significant number of people who are not convinced. Moreover, more than a third […]
EU agrees on fresh sanctions against Russia over war in Ukraine
The EU on Thursday agreed a fresh round of sanctions on Russia over the war in Ukraine, after complaints from hawkish eastern European leaders that some countries were trying to water them down. Diplomats said a compromise deal – thought to include targeting some 200 individuals – was reached on the sidelines of a leaders […]
Live: EU agrees fresh sanctions against Russia over war in Ukraine
The EU on Thursday agreed a fresh round of sanctions on Russia over the war in Ukraine, after complaints from hawkish eastern European leaders that some countries were trying to water them down. Diplomats said a compromise deal – thought to include targeting some 200 individuals – was reached on the sidelines of a leaders […]
EU countries are facing drastic food inflation
Swedish households are grappling with rising costs for basic goods and energy, the latest report shows Food prices in Sweden have jumped by 20% this year, while the electricity bill has more than doubled, according to data from the country’s Consumer Agency. The report is based on surveys of the Swedish consumer market during the […]
Local Round-Up: A few surprises among the richest and poorest districts in Copenhagen
Hellerup is the richest district in Greater Copenhagen, and Northwest the poorest, according to a survey carried out by the local media KøbenhavnLIV that mainly focused on the capital, but also included a few nearby municipalities. Based on data from Statistics Denmark, they did their best to determine the average income for the capital’s residents […]
Rehn: A recession in the Eurozone would be a disadvantage for Finland rather than a collapse
“The rising cost of energy has also increased food prices. The increase in food prices affects all citizens, but especially those with low incomes, for whom the food bill eats up the lion’s share of the income, he said. quoted saying Helsingin Sanomat’s public hearing in the parliament’s trade committee. Eurostat has reported that consumer […]
Inflation in Finland accelerated to 8.3 percent in October
The average interest rates for both housing and consumer loans are higher than before, the former 67 percent and the latter 24 percent from the previous year. Kristiina Nieminensenior statistician from Statistics Finland, reminded that interest rates were expected to rise as a result of the reference rate hikes initiated by the European Central Bank […]
Food inflation hit a record in October
According to the Natural Resources Institute, the sharp rise in food prices in October is unlikely to be faster in November or December.
STT: Food donations decrease as the need for help increases
As food prices rise, consumers are more willing to buy discounted clearance products that could otherwise be distributed to help.
A drought in the summer of 2022 became very likely due to climate change
The possible impact of climate change on this catastrophic weather event has now been investigated by an international team of climatologists. Sonia Seneviratne, Professor of Earth-Climate Dynamics at ETH Zurich. According to their study, published by the World Weather Attribution Group, land moisture droughts in the Northern Hemisphere are now at least 20 times more […]
Energy crisis: inflation, recession, loss of welfare
For the current year, institutions are halving their spring forecast. For the coming year, they lower their forecast from 3.1 percent to -0.4 percent. This revision mainly reflects the extent of the energy crisis. For example, the combined economic output of 2022 and 2023 should be 160 billion euros lower than expected in the spring. […]
Forecast: The rise in food prices will intensify towards the end of 2022
Food prices are predicted to rise by an average of 11 percent in 2022. “The increases will peak in the coming months, when we will see months when inflation is up to 15-20 percent. Food is a significant driver of general inflation, along with energy and interest rates. told Sari Forsman-HuggResearch director of PTT. “This […]
Dancing in the Dark: A high school musical starring Sanna Marin as the “Prom Minister”
Autio is the same photographer who ran into the prime minister “by accident” at a music festival in mid-July and took a photo of her in shorts and a leather jacket, which circulated in the social and mainstream media. In the leaked videos Finnish prime minister Sanna Marin is dancing and singing for the camera with exaggerated […]
Function: More Swedes are seeking food aid in the midst of sky-high inflation
by Patrick Ekstrand, Fu Yiming STOCKHOLM, Aug. 18 (Xinhua) — As food prices continue to rise, more and more people in Sweden, a Nordic country known for its well-developed welfare system, are seeking help with daily food. Since last spring, more and more Swedes have found themselves struggling with sky-high food prices and have seen […]
The government wants to limit rent increases
Prime Minister Mette Frederiksen has proposed both a temporary ceiling for rent increases due to inflation, which is expected to affect hundreds of thousands of residents in Denmark, and an investigation into the errors in the current rent increase system. – Some people are currently seriously worried about their rent, and that should not happen […]
Consumer prices in Finland rose faster than expected in July
“It was expected that the sharp drop in the price of gasoline would at least moderate July’s average inflation to some extent. That didn’t happen, because especially the rise in electricity and food prices tipped the scales in the other direction,” he analyzed. press release on Monday. “Broad-based upward price pressure has not disappeared, although […]
Inflation in Finland is almost 8 percent in July
The general price level in Finland rose by 7.8 percent year-on-year in July. The last time Finland’s inflation was at the same level was in the 1980s. The latest increase follows a general inflationary trend that is being accelerated by the lasting economic effects of Russia’s invasion of Ukraine. On Monday, Statistics Finland published July’s […]
How taxing the rich can help everyone
These countries, like the UAE or Qatar, usually have another stable source of income, such as oil or other natural resources, from which they can cover the costs of development, education, healthcare, etc. They also rarely provide any social security except for their own citizens, who often do not need it . This is the […]
Is the grain agreement between Ukraine and Russia a "a beacon of hope" or an imaginary dream?
Millions of people in the world’s poorest nations, at imminent risk of starvation, heaved a sigh of relief at the news that these much-needed quantities of grain were reaching the market and grain prices could once again become affordable. Less than 24 hours later, however, Russian missiles hit targets in the port of Odesa, raising […]
OP: Consumers are changing their spending habits amidst the high prices of fuel and food
According to OP Financial Group’s bank card payment data, the recent rapid increase in prices has started to affect consumers’ purchasing behavior. Inflation has accelerated to the highest level in decades, which, according to the financial institution, caused consumers to buy less food and fuel this summer compared to last year. However, OP stated in […]
Sweden’s inflation reaches its 30-year high in June
STOCKHOLM, July 14 (Xinhua) – Inflation continues to accelerate in Sweden when the CPIF (Consumer price index with fixed interest rates) rose by 8.5 percent on an annual basis in June, according to statistics released on Thursday. Data collected by Statistics Sweden have for months confirmed that the country has suffered from the highest inflation […]
Finnish inflation approaches 8 percent in June
Inflation continued to grow in June and rose to 7.9 percent, according to Statistics Finland. In May, the corresponding figure was 7.0 percent. The upward trend was especially reflected in energy and food prices, says the number cruncher. "Since December of last year, the prices of food and non-alcoholic beverages have risen by 10 percent, […]
Research: Rising prices make most people adjust their grocery shopping habits
The majority of Finns have changed their grocery shopping habits due to the increase in food prices, according to a study by Uutissuomalainen. A survey conducted in June found that while 56 percent of respondents said they changed their shopping habits when grocery shopping, 40 percent said they did not. Many said they looked for […]
Consumer confidence in Finland plummeted to a historic low in June
Consumer confidence was at its lowest in June since the survey began in 1995, according to a recent survey by Statistics Finland. Expectations of one’s own and Finland’s economy during the year were quite strict, the most pessimistic in the history of research. Respondents estimate their own finances to be weak after a year. There […]
Eurostat: Alcohol prices in Finland the highest in the EU last year
In Finland, the prices of alcoholic beverages were the highest in the EU last year, according to a price comparison program coordinated by Eurostat, the European Union’s statistical office. According to the study, the price of alcohol in Finland was 120 per cent higher than the EU average in 2021. This is a significant increase […]
Finnish economists have reservations about tax cuts to curb inflation
The Coalition Party, for its part, has called for billions of euros in tax cuts. However, economists interviewed by the public broadcaster warn that cutting income taxes in an attempt to help consumers cope with an inflationary environment could be intuitively counterproductive. “When inflation is high, tax cuts can accelerate it even further,” he sums […]
This is how Putin’s war creates famine and new conflicts
Putin’s war of aggression has turned the world’s eyes on Ukraine, but it has also had consequences for other parts of the world. As a result of Russia’s blockade of Ukrainian ports in Odessa in the Black Sea, the price of grain and other food is rising sharply. Why is it like that? Russia and […]
The Ministry of Finance warns of a recession
The Ministry of Finance released a weaker economic review on Friday, warning of more than previously expected slowing economic growth and accelerating inflation. It estimates that Finland’s GDP will grow by 1.4 per cent this year, but will slow over the next two years. The ministry forecasts growth of just 1.1 per cent next year […]
Roundup: Yemen ceasefire consists of: UN Special Envoy
UNITED NATIONS, June 14 (Xinhua) – The ceasefire in Yemen has so far helped reduce fighting and other positive developments, but more needs to be done to meet growing humanitarian needs and insecurity, the UN Security Council said on Tuesday. Council members heard from two top UN officials who gave an update on the effects […]
Sweden is experiencing the highest inflation in three decades
STOCKHOLM, 14 June (Xinhua) – Swedish consumers are experiencing the highest inflation since 1991, when consumer prices, measured by fixed interest rates, rose from 6.4 per cent in April to 7.2 per cent in May, Statistics Sweden stated on Tuesday. Energy prices rose the most, with fuel prices rising by 41.8 per cent in one […]
Luke: The food costs of Finnish households will rise by more than € 500 due to price increases
Food expenditure accounted for 12.5 per cent of household consumption in 2021. Coffee, fish and vegetables have pushed up food prices in the early part of the year. For example, coffee cost about a third more in February 2022 than in February 2021. Luke said last week that it expects the rise in food prices […]
Food prices and the war in Ukraine
The Russian invasion of Ukraine and an ongoing war are causing prices in grocery stores to rise. Prices for electricity and petrol have also risen sharply. Swedish consumers are affected, but prices hit those living in poor countries even harder. In P4 Världen we dive deep into the reasons for the price increases and Ekots […]
Ukraine’s war: rising food prices are not the only global economic downturn
As the war in Ukraine enters its fourth month, its economic consequences become more apparent and begin to rise global political agendas. And just as Russia’s aggression has had political consequences far beyond Ukraine, so have the economic repercussions. This is not to diminish the economic and infrastructural devastation of Ukraine, which will require a […]
Luke: The grocery bill for the average household will rise by 500 euros this year
The projected rise in the prices of cereals, meat and dairy products could cause the average household’s grocery bills to rise by as much as 500 euros this year, according to a report by the Natural Resources Center (Luke). In a press release issued Tuesday morning, the institute said the average price of food is […]
Ukraine’s summary: why Turkey wants to block Sweden and Finland from joining NATO
During the past week, further details emerged about Finland’s and Sweden’s intention to join NATO, until the nations formally submitted the paperwork on Tuesday. NATO Secretary General Jens Stoltenberg called it “a historic moment” and it really marks a significant transition from neutrality for these two countries. One implication of the war in Ukraine is […]
Thursday ‘s newspapers: Turkey blocks talks, Finnish vegetables and "NATO pen"
Helsingin sanomat newspaper contains a timeline describing Finland’s latest developments and Sweden’s application for NATO membership after Turkey blocked the union’s decision to process the two countries’ applications on Wednesday. HS writes that the Turkish Foreign Minister Mevlüt Çavuşoğlu met with the US Secretary of State Antony Blinken In New York on Wednesday and told […]
Danske Nyheder Round-Up: Supermarket chain owner freezes the prices of basic goods over the summer
While the Ministry of Finance predicts that inflation will end at just over 5 percent in 2022, food prices are expected to rise twice as fast. So it is a consolation to learn that the Salling Group sets a price cap on everyday basic products such as oatmeal and milk – 100 in Netto and […]
In this way, greenhouse gas emissions can be reduced
They found that combining dietary change, emissions pricing and international income transfers could make the world food system emission-neutral by the end of the 21st century – while providing healthier food for the world’s growing population. “Reducing the size of our current food system alone will not reduce emissions much. Instead, we need to change […]
Live: Finland formally confirms offer of NATO membership
The Finnish government on Sunday officially announced its intention to join NATO, while Sweden’s ruling party is holding a crucial meeting that could pave the way for a joint application when the alliance’s military alliance leads to a historic expansion prompted by Russia’s war against Ukraine. Follow FRANCE 24’s live blog for the latest developments. […]
“Like nothing we’ve seen”: Syrians struggle to survive unprecedented economic crisis
This has forced people to devise new coping strategies, such as eating less, selling fuel aid to buy food, burning old shoes to keep warm, and skipping urgent medical procedures. “Vulnerable Syrians are still facing a decade of hardship, but suffering can be halted with international political will. While the humanitarian crisis in Ukraine still […]
Tuesday’s leaves: tears at the gas pump, food options and an unnamed NHL star
The rise in fuel prices has been difficult for many to deal with. In rural Finland, where distances are greater and services are fewer, people have suffered the most. On Tuesday, Helsingin Sanomat has a mass sent song look at the impact on people’s daily lives, and it’s a sad read. "Driving is as minimal […]
Rising food prices could increase famine in Finland
Food aid organizations report an increase in the number of people in need of food aid. There are 600,000–700,000 people classified as low-income in Finland. That is, those whose household income is less than 60 percent of the national average. Yle spoke recently Arja Hongisto and Pipsa Peppertwo local seniors who enjoy free chicken pasta […]
Therefore, food prices are expected to rise rapidly and sharply
Host:Claes Aronsson Participants and voices in the program:Kristian Åström, financial commentator EkotBengt Johnsson, expert, economic unit of the Swedish Board of AgricultureCarl Eckerdal, chief economist at LivsmedelsföretagenYlva Hedén Westerdahl, Head of Forecasting at the National Institute of Economic ResearchAnders Svensson, CEO of Ica SwedenGöran Persson, former Prime Minister Producer: Olof Wijnbladh Technician:Jakob Gustavsson [email protected]
Grocery Trade Association: Food prices rose 4.5% in February
In February, the prices of groceries in Finnish stores were on average 3.9 per cent higher than in the corresponding month last year, according to the price monitoring report of the Finnish Grocery Trade Association. According to the index, prices for food and non-alcoholic beverages rose about 4.5 percent from February 2021, while prices for […]
PTT: Finnish food prices will rise by 11% in 2022 due to the war in Ukraine
PTT said on Tuesday that the Russian invasion of Ukraine will have a lasting impact on the global food system, limiting access to inputs, agricultural products and food and raising prices. In Finland, therefore, the agricultural cost crisis continues and the availability of inputs may decline. Although PTT stated that its forecast is based on […]
PTT: Finnish food prices to grow by 11% this year
The global food production system is being tested by Russia’s invasion of Ukraine, and food prices in Finland are expected to continue to rise this year, according to the Pellervo Institute for Economic Research (PTT). The institute estimates that the total price of food will rise 11 percent this year, and cost growth is expected […]
Monday’s newspapers: Rising food prices, Russian property buyers and the return of winter
The government has warned Finns to pay more for food. This month, the Minister of Economy Mika Lintilä said that the war in Ukraine could almost double food prices in Finland. He also suggested that people should prepare for wartime pricing. Hufvudstadsbladet writes that climbing food bills is squeezing those who are already struggling to […]
Forecast: The Finnish economy will grow by only 0.5% due to the war in Ukraine
“The economy recovered rapidly from the coronavirus pandemic, but Russia’s brutal attack has changed not only security but also the economic landscape. War has a significant economic impact in both the short and long term. Markus LahtinenCEO of PTT, stated on tuesday. The Finnish economy is suffering from the war due to declining exports, rising […]
According to forecasts, the Finnish real estate market will cool down
“The return to normal, the lifting of restrictions and the temporary collapse of the real estate trade will increase the demand for rental housing. At the same time, the development will support the rise in rents after the saturation caused by 2010 [coronavirus] pandemic,” Janne RonkanenSenior Economist at Handelsbanken, stated on wednesday. The bank forecasts […]
Etla cuts the forecast for the Finnish economy by 2.1 percentage points
According to him, war hinders economic growth through at least three mechanisms. It increases financial uncertainty and potentially delays investment and recruitment decisions. Although uncertainty is also reflected in oil prices, the most significant adverse effect will come from economic sanctions on Russia. “This could be described as a shock to foreign trade caused by […]
Inflation must be tackled in a timely and determined manner:
Currently, rising energy and food prices are accelerating inflation. The ECB is under pressure to keep interest rates under control due to the stability of the fiscal and fiscal policies of some Member States. These targets may run counter to the objective of price stability, the report notes. “It’s risky to bet that this is […]
Lintilä reiterates its concern about food prices after criticism from experts
He repeated his assessment interview with BTI on Monday. “If we look at the development we have seen in terms of inputs and indirect costs, I don’t find it impossible at all,” he reasoned, saying the estimate is based on discussions with various industry representatives. Read more: Lintilä: Food prices may double in Finland due […]
Monday’s newspapers: Finnish food security, market turmoil and Zelenski Street in Helsinki
Russia’s invasion of Ukraine is putting pressure on the global food system, and Finland is facing rising food prices, the report said. Helsingin sanomat newspaper. Finnish fertilizer companies are already experiencing pressure, and some are telling HS that they are concerned about Russia’s ability to restrict exports of fertilizer raw materials. One of these companies, […]
Lintilä: Food prices may double in Finland due to Russia’s war in Ukraine
“If people currently spend 11 percent of their salary or income on food, it will rise to more than 20 percent,” he predicted. While a doubling of consumer prices is possible, it is not the most likely consequence of the crisis Csaba Jansik, senior researcher at the Natural Resources Center (Luke). He recalled that food […]
Lintilä: Ukraine’s war could almost double food prices in Finland
Finns must prepare for the wartime pricing of products and services, Minister of Economic Affairs Mika Lintilä (Cen) said in an interview with Yle on Saturday. He warned that the price of a regular grocery cart could nearly double, due in part to the consequences of a sharp rise in fuel and fertilizers. "The price […]
Retailer Lobby: Food prices rose in January
According to the Food Trade Association, food and non-alcoholic beverages rose by 3.2 per cent in January from the previous year. Prices have not risen so fast since January 2014. "Rising costs throughout the supply chain, especially in primary production, have begun to shift to consumer prices for non-alcoholic beverages and food," said the association’s […]
Wednesday’s newspapers: Second NATO survey, unpaid agricultural bills, Olympic super day
Poll ordered by the day Helsingin sanomat newspaper shows that 43 per cent of Finnish voters support joining NATO if the president and prime minister considered joining the union in Finland’s interests. Of the 1,066 people who responded to the survey, 27 percent said they were opposed to membership even in these circumstances, while 30 […]
Tuesday’s newspapers: Niinistö analysis, Swedish mortgages, throat cost
Finnish President Sauli Niinistö has been in the international media recently, and it is a matter of pride for many Finns. Ilta-Sanomat has a convenient whole Niinistö’s interviews in recent days and outlines his position as one of the few Western leaders to have regular discussions with the Russian leader Vladimir Putin. Niinistö has expressed […]
Pandemic rises are starting to weigh on food prices
Food prices are rising above the consumer price index in three out of four Icelandic grocery chains. This is due to a price survey Veritabus conducted last week at Hagkaup, Festar, Heimkaup and Samkaup. Food prices in three of them increased even more than the latest results of the ASÍ price survey conducted at the […]
Yle is reviewing the climate change statements of activists, politicians and stakeholders
False news is spreading rapidly and opinions about the climate crisis are often dominated by fact-based statements, so fact-checking can be a useful tool both in educating the general public and in monitoring public figures. Yle has therefore factually reviewed a number of statements on climate change made by politicians, activists, pressure groups and other […]
The difference between Scandinavian mobile subscriptions
When you live in Scandinavia, you would think that finding a mobile subscription would be a reasonably similar experience, regardless of whether you did it in Norway, Denmark or Sweden, but that is not actually the case. Because despite the fact that our countries are very similar, and our cultures are not least very similar […]
Rising fertilizer prices are also raising food prices in Finland
Fertilizers are a major cost item for farmers, such as Kallepekka Toivonen In Nurmijärvi, Southern Finland. Toivonen on Sunday said According to YLE, tax-free prices for fertilizers have about doubled in the last 12 months. “Worst of all, no one can say how long they will continue to rise,” he said. The broadcaster stressed that […]
PTT: Finnish food prices will rise rapidly in 2022
The increase is due to simultaneous increases in production costs and consumer purchasing power, which allows producers and retailers to pass on cost increases to consumer prices. This year, the profitability of agricultural producers will be weakened not only by rising prices for feed, construction and fertilizers, but also by poor returns. “Agricultural entrepreneurial incomes […]
PTT: Grocery trade bills will increase next year
According to the forecast of the Pellervo Economic Research Group, rising production costs and a poor harvest year will increase food prices by 1.8 percent. Food prices will rise significantly in Finland next year, says the Pellervo Economic Research (PTT) research institute. "The rise in food prices in Finland will be moderate in 2021, about […]
Guards at the Afghan embassy protest unpaid wages and lack of evacuation of Finland
The former guard of the Finnish Embassy in Kabul told Yle News that a number of guards who had served to protect the embassy and the ambassador’s apartment staged a demonstration on Saturday after it became clear that they had little hope of evacuating Finland. The guard said they gathered in Kabul’s courtyard holding printed […]
Inflation is 2.1 per cent in April
According to data released by Statistics Finland on Friday, consumer prices rose by 2.1 per cent in April compared with April 2020. Inflation rose from 1.3 per cent in March. The decline in inflation in April was largely due to the sharp fall in fuel prices that took place in the spring of 2020 following […]
Denmark expands world championship in organic consumption
The market share for the sale of organic in the Danish stores in 2019 was 12.1 percent. Thus, Denmark is ahead of countries such as Switzerland, which also have higher food prices. At the same time, Danes still spend the most money in the world per capita on organic food. Although other countries have higher […]
Price differences range up to 140%
The Icelandic Labor Confederation (ÁSI) has recently carried out a price survey, and it shows that food prices vary by up to 140% across the country. ÁSI compared the prices of 103 items sold in 15 small grocery stores in rural areas. Fifty-six of the 103 products tested had a price difference ranging between 60–140% […]