Five of South Korea’s biggest retail chains have been urged to cooperate with the government in efforts to stabilise local food prices, with the nation’s biggest festival Chuseok around the corner.
Japanese consumers are feeling the pressure of rising food prices in the country, with trends shifting towards bulk buying and a renewed focus on affordable brands.
The Pakistani government aims to reduce the skyrocketing prices of basic food items in the country by reducing taxes, amidst an unsuccessful bid to the International Monetary Fund (IMF) to reduce its tax collection target.
Qatar will see food price inflation of 0.2% for the rest of this year, driven by falling global food prices, with prices rising again in the next two years, according to a new report.
