In Argentina, Organized Groups Are Looting Stores for Food as Inflation Exceeds 100%
By Fabian Ommar In the middle of August, large groups invaded and looted supermarkets and stores in the suburbs of the capital Buenos Aires and…
food prices
Food Prices Are Crazy High Now, But They Will Soon Go A Lot Higher
By Michael Snyder Over the past few years, we have seen food prices in the United States and other wealthy countries do things that they…
World Food Prices Jump Most In 18 Months
By Tyler Durden Global food prices increased the most in 1.5 years as trade disruptions from the El Niño weather phenomenon battered agricultural-producing countries, and…
“So It Begins”: US Supermarkets Hit With Buying Panic As India Bans Rice Exports
By Tyler Durden The decision by India to ban certain rice exports has sparked panic buying at supermarkets across the United States. Videos circulating on…
Store Food While You Still Can, Because 2.4 Billion People Already Do Not Have Enough Food As This New Global Famine Accelerates
By Michael Snyder Global food supplies just keep getting even tighter, and global hunger has risen to extremely alarming levels. People on the other side…
“Shifting Consumer Behavior”: Conagra CEO Warns Americans Now Cut Back On Food Purchases
By Tyler Durden We got another glimpse into consumer behaviors via Sean Connolly, chief executive officer of Conagra Brands Inc., who told analysts during a…
Cash-Strapped Consumers Resort To “Dumpster Dining” To Save On Grocery Bill
By Tyler Durden Despite the Biden administration’s cheerleading that “Bidenomics” is the economic savior of the middle class — most Americans will disagree there has…
Restaurants Face Unappetizing Slowdown As Consumers Buckle Amid Two-Year Inflation Storm
By Tyler Durden Two years of negative real wage growth, depleted savings, mounting credit card debt, and soaring interest rate payments put pressure on consumers’…
Global Central Banks Are Badly Losing Their War Against Food Inflation
By Michael Snyder Even though central banks all over the world have been raising interest rates in recent months, food prices just continue to go…
Kansas Wheat Harvest Will Be The Smallest Since 1957 And U.S. Corn Is Being Absolutely Devastated By Drought
By Michael Snyder Significantly higher food prices are coming, because U.S. food production is going to be way below normal levels this year. That is…
Soaring Cost Of English Breakfast Shell-Shocks Consumers
By Tyler Durden In March, UK inflation continued to hover in the double-digit range as households grappled with the persistently high cost of living. Among…
Inflation Hits The English Breakfast Hard
By Tyler Durden The good old English breakfast, while contrary to popular opinion outside of the country not eaten every day, is a pleasure that…
Dollar Store “Mania” Hits Small Kentucky Town
By Tyler Durden Brick-and-mortar dollar stores have expanded rapidly nationwide over the past two years. These discount retailers bring rural consumers more buying power during…
Forget the “Official” Word. Here’s How Much the Price of Food Has REALLY Gone Up
By Daisy Luther If you listened to any of President Biden’s State of the Union addresses, you may have been surprised to hear that inflation…