TagsInflation

News: inflation

Slump in meat prices pulls inflation down to 5.4%

The influx of meat imports in Q1 led to a decline in meat prices in the Philippines. In June, prices fell by 11.4%, helping...

Vietnam’s shrimp exports contract in key markets due to inflation

The purchasing power in the two main markets, the EU and the US, fell sharply due to inflation. The Association of Seafood Exporters and...

ASF a threat in battling inflation

ASF is hindering efforts to stem inflation in the Philippines, experts say. Data from the Bureau of Animal Industry show that 78% of 81...

Inflation pulls down Vietnam’s seafood exports in Q1

Vietnam’s seafood exports in Q1 plunged 27% yoy due to inflation, data from the General Department of Customs showed. Exports of all major items,...

Indonesia’s beef price higher than inflation

Beef prices in Indonesia will continue to increase this year, especially during Eid Fitr. The Agriculture Ministry noted beef prices currently average USD 8.63/kg,...

Pig companies’ profits take a hit from inflation

Vietnamese pig companies are facing losses as demand fell significantly due to inflation, forcing them to reduce selling prices. Dabaco Group and Masan Meat...

Inflation brings cheaper processed meats to the fore

With rising inflation and imminent global recession in 2023, consumers are expected to cut back on expenses. Generally, animal protein products are among the...

Inflation to impact animal protein supply chain

Rising inflation may have implications downstream in the supply chain of animal protein, said Pierre-Joseph Paoli, ADM Animal Nutrition’s President of Feed Additives &...

Tariff reduction threatens local pig industry

Extending the reduced tariff on pork imports is not necessary and will only harm the local industry, Philippine pork producers told the government. Officials...

Malaysia anticipates lower egg prices

Malaysia’s Agriculture and Food Security Minister Mohamad Sabu will announce a reduction in egg prices this month, following a meeting with Prime Minister Datuk...

Malaysia food prices to rise further

Food prices in Malaysia will rise further as producers deal with surging commodity prices and a weakening ringgit. Some analysts predict that producers will...

Inflation, uncertainties limit global pork growth

Inflation and demand uncertainties are dampening growth in the global pork industry, Rabobank said in its latest Pork Quarterly report. Producers are more cautious,...

Sekar Bumi adapts well to address inflation

Indonesia’s Sekar Bumi said the impact of inflation on its seafood business is still manageable. Director Howard Ken Lukmito said the supply of raw...

Bangladesh pays most for beef

Consumers in Bangladesh are paying the most for beef as compared to their peers in South Asia. Research by the Centre for Policy Dialogue...

Taste, flavor and nutrition important for plant-based protein

With inflation and high raw material costs and Thailand’s challenging economic backdrop, the plant-based protein market is under pressure. Still, the sector offers long-term...

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