Harrods Food Hall, famed for its posh food, has gone viral for one of its lunch offerings. And although some are branding Harrods’ lunchbox the ‘best ever’ – others have moaned about the price of the food. The iconic Knightsbridge department store – which has additional airport locations across the UK – lures in customers … Read more
Chocolate lovers in South Africa will have noticed a significant increase in chocolate prices over the past year. Many may wonder why chocolates are so expensive and whether the situation will change. Inflation stats show increase in chocolate prices The latest inflation data from Stats SA shows that food price inflation has moderated over the … Read more
According to a recent report from the Daily Investor, food prices in South Africa are poised to soar in the coming decade. This is due to the impacts of climate change and infrastructure challenges. The PwC South Africa Economic Outlook highlights the risks posed by erratic weather patterns to the production of crucial agricultural commodities, … Read more
Thousands of families on the brink due to the soaring cost of living crisis are set to receive a lifeline with £315 in supermarket vouchers. To ease the financial strain, Lidl, Aldi, Sainsbury’s, Morrisons, Tesco and Asda customers will benefit from the government-extended Household Support Fund. It follows Chancellor Jeremy Hunt’s Spring Budget announcement in … Read more
Poundland has launched its first-ever meal deal in stores, offering a sandwich, snack and a drink for £3. The new ‘Grab A Bite’ offer includes mains such as a prawn pasta salad, chicken tikka wraps and classics like a cheese and pickle sandwich. It has a huge range of snacks available too, including Pringles, Doritos, … Read more
In 2023, the word to describe much of the spike in food prices would have been “heatflation”, as drought and high temperatures affected crop yields around the world, from olive oil in Spain to cabbage in South Korea. This year we are facing a different concept, still undeniably linked to the climate crisis. Let’s call … Read more
The food and beverages inflation is expected to remain above the 7 per cent mark in April 2024. CPI inflation in March 2024: Experts say stiffer cereals inflation, stubbornness in vegetable inflation and elevated pulses inflation remain a concern Even as the retail inflation or CPI inflation declined to a five-month low of 4.85 per … Read more
Supermarkets and small convenience stores will tape over barcodes with a yellow label when items are nearing their use-by date. While some reductions to food prices can make the products considerably cheaper than they would have been otherwise, it’s not always the case. Many shoppers have been lured in by what seems like great discounts … Read more
Egg prices are at near-historic highs in many parts of the world as the spring holidays approach, reflecting a market scrambled by disease, high demand and growing costs for farmers. It’s the second year in a row consumers have faced sticker shock ahead of Easter and Passover, both occasions in which eggs play prominent roles. … Read more
With food prices soaring at their highest rate in nearly four decades, now’s the perfect time to discover clever strategies for extending the freshness of your groceries, MoneyMagpie’s Vicky is here to share some of the tried and tested methods to keep food fresh for longer. Food waste poses a significant challenge for Britons, with … Read more
