With inflation pushing food prices higher by 3.3%, value-driven purchases is still the order of the day for many consumers relying on Walmart (WMT) and other cost-effective grocery retailers. Amazon (AMZN) — which also owns Whole Foods — is expanding its online fresh grocery delivery service, to which Forrester Research Retail Analyst Sucharita Kodali believes that the online retailer is still thriving primarily in non-perishable and non-food items. The US online grocery market is forecasted to be valued at $243 billion by 2025. Kodali notes to Yahoo Finance that online fresh grocery sales are an “under-penetrated category” and sees room for growth in this market. For more expert insight and […]
The Consumer Price Index (CPI) ticks up in the month of September, rising 0.4% month-over-month and 3.7% year-over-year — slightly higher than expected. Core CPI — the cost of goods and services, excluding the food and energy sector — rose 0.3% month-over-month and 4.1% year-over-year, coming in line with projections. Yahoo Finance Live breaks down the September inflation print and how the market is reacting to the data in the pre-market session from the Nasdaq MarketSite. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your […]
The Philippines is battling record inflation. President Ferdinand Marcos Jr says it is out of control. Al Jazeera’s Barnaby Lo reports from Manila, the Philippines. Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ @AljazeeraEnglish #Aljazeeraenglish #News #Philippines #Filipino #inflation #Prices #Family #Food
Food prices in the United States are increasing, but American farmers are not reaping the benefits. They face their own rising expenses, ranging from labour costs to fertiliser. Growers on the East Coast are particularly hard hit, as the US has begun to import more fruits and vegetables. Al Jazeera’s @Kristen Saloomey reports from New Jersey, United States. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ @AljazeeraEnglish #Aljazeeraenglish #News #UnitedStates #FoodPrices #USA #Inflation #NewJersey
Economists in Mexico warn that without action to reduce inflation, some communities in the country could face famine. As food prices in the country skyrocket, Mexico’s President, Andrés Manuel López Obrador, wants Mexicans to produce more of their own food, and make the country more self-sufficient. Al Jazeera’s @Manuel Rappalo has more from Mexico City. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ @AljazeeraEnglish #Aljazeeraenglish #News #Mexico #FoodSecurity #Inflation #Famine
#Food #Market Strategic Resource Group Managing Director Burt Flickinger joins Yahoo Finance Live to discuss supply chain disruptions that are contributing to rising inflation and prices of goods. Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with […]
In the US, grocery prices increased by 4.3 percent in April – the biggest monthly jump in 46 years. The price rises have put more pressure on Americans struggling to make ends meet during the pandemic – with more than 36 million people out of work. Al Jazeera’s John Hendren reports from Chicago. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ #AlJazeeraEnglish #UnitedStates #Coronavirus
