Skip to content
Search
AI Powered
Human content, AI powered search.
Latest Stories

Food prices hit 10-year peak in 2021

Business rates relief, face supply chain failure
Photo by DANIEL LEAL/AFP via Getty Images
AFP via Getty Images
Kiran Paul
By Kiran PaulJan 07, 2022
Kiran Paul
See Full Bio

World food prices eased in December after four consecutive monthly gains but jumped 28 per cent over 2021 for the highest average level since 2011, the UN food agency said on Thursday.

The Food and Agriculture Organisation's (FAO) food price index, which tracks international prices of the most globally traded food commodities, averaged 133.7 points last month compared with a revised 134.9 for November.

The November figure was previously given as 134.4.

For 2021 as a whole, the benchmark index averaged 125.7 points, up 28.1 per cent from 2020 and the highest since 131.9 in 2011.

The monthly index has been running at 10-year highs, reflecting harvest setbacks and strong demand over the past year.

With the exception of dairy products, prices for all categories in the food price index eased in December, with vegetable oils and sugar falling significantly, the agency said.

However, all categories showed sharp increases over 2021, it added.

Higher food prices have also contributed to a broader surge in inflation as economic activity recovers from the coronavirus crisis.

The FAO has warned that higher food costs in import-reliant countries are putting poorer populations at risk.

food and agriculture organisationglobal food pricesinflation

Related News

Rapper duo to launch world food store in south London
Industry News

Rapper duo to launch world food store in south London

More for you

AG Barr welcomes Dino Labbate as new Chief Commercial Officer

AG Barr welcomes Dino Labbate as new Chief Commercial Officer

Dino Labbate has been announced as the new Chief Commercial Officer at A.G. BARR plc, the branded multi-beverage business with a portfolio of market-leading UK brands, including IRN-BRU, Rubicon, FUNKIN and Boost.

Dino takes up the role from today, 20 January 2025, having spent seven years at Britvic plc, most recently as GB Commercial Director for Hospitality. With previous experience at Kraft Heinz, Burton’s Biscuits and Northern Foods, Dino brings a wealth of FMCG insight and experience across all channels of the food and drink industry.

Keep ReadingShow less
Surge recorded in whole food sales

iStock image

Surge recorded in whole food sales

Brits are increasingly leaning towards cooking from scratch and are ditching ultra processed food, thus embracing a much simpler approach to their diet, a recent report has stated.
According to a recent report from John Lewis Partnership released on Friday (17), supermarket Waitrose has reported that it’s back to basics for many in 2025 due to a growing awareness around ultra processed foods, with many turning away from low-fat, highly processed products in favour of less-processed, whole food ingredients.
Whole milk and full-fat Greek yogurt sales are up 11 per cent and 21 per cent compared to skimmed milk and Greek style yoghurt a year ago.
Block butter sales are up by +20 per cent as compared to dairy spreads while brown rice is seeing +7 per cent more sales as compared to white rice.
The report adds that sourdough bread sales are up by +20 per cent as compared to white bread while full fat Greek yoghurt recorded +21 per cent more sales than Greek style yoghurt.
Over the past 30 days, searches on Waitrose website whole food searches soared with ‘full fat milk’ and ‘full fat yoghurt’ skyrocketing 417 per cent and 233 per cent.
The shfit reflects the wider growing awareness of effects of ultra-processed foods, thanks in no small part to Dr Chris van Tulleken’s bestselling book Ultra-Processed People and its continued momentum in 2024 and into 2025.
His eye-opening, rigorously researched account of ultra-processed foods and their effect on our health turned many people towards cooking from scratch, with unprocessed or minimally processed ingredients.

Maddy Wilson, Director of Waitrose Own Brand comments, “There’s been a lot of bad press around so-called ‘healthy’ products which aren’t nutritious and don’t taste great, however the growing awareness of ultra processed food in our diets has seen many customers seeking the basics and embracing a much simpler approach to their diet.”

Waitrose Food & Drink report released last year highlighted that 54 per cent of those surveyed proactively avoid processed foods.

Keep ReadingShow less
Hinckley c-store ordered to close down

Image from Leicestershire County Council

Hinckley c-store ordered to close down

A convenience store in Hinckley, which sold illegal cigarettes to undercover Trading Standards officers on eight occasions and had more than 1,800 packets of illegal tobacco seized during four enforcement visits, has been closed down for three months.

As informed by Leicestershire County Council, Easy Shop in Regent Street has been ordered to remain closed until April 15 by Leicester Magistrates Court, following a joint operation by Leicestershire County Council’s Trading Standards service and Leicestershire Police. The orders were issues last week.

Keep ReadingShow less
Peterborough shop “closed” to tackle organised crime

Image from Cambridgeshire Constabulary

Peterborough shop “closed” to tackle organised crime

A city centre convenience store in Cambridgeshire has been closed down after police found "illicit" items including Viagra tablets, illegal tobacco and more than £14,000 in cash from the premises.

About 683,400 cigarettes, 37.45kg of hand rolling tobacco, and 35 cigars were seized by the police from International Food Centre in Lincoln Road in Peterborough late last year. The closure order was served on the shop and flat above on Dec 31following an application to Huntingdon Magistrates' Court.

Keep ReadingShow less
Champagne being poured into champagne glasses
Photo: iStock

Champagne shipments hit by gloomy consumer mood in 2024, producers say

French champagne shipments fell by nearly 10 per cent last year as economic and political uncertainties hit consumers' appetite for the sparkling wine in key markets such as France and the US, the producers association said.

Producers had called in July for a cut in the number of grapes harvested this year after sales fell more than 15 per cent in the first half of 2024. Full year shipments were down 9.2 per cent from 2023 at 271.4 million bottles, the Comite Champagne (Champagne Committee) said.

Keep ReadingShow less