Food Prices
Sheinbaum rejects tortilla price hike announced by producers
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President Claudia Sheinbaum stated there are no reasons to raise the kilo of tortilla price starting April 15, despite the National Tortilla Council's announcement of a 2-to-4-peso increase. She instructed Agriculture Secretary Julio Berdegué to meet with producers to review the situation. Prices vary widely by region, with a national average of 24.18 pesos per kilo.
Statistics South Africa data released on 17 June 2026 showed consumer food price inflation slowing to 1.6% in May, the lowest level in 17 months.
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In Addis Abeba, bread prices have increased due to high food inflation and rising costs, turning a daily staple into a financial strain for households.
The latest Consumer Price Index report from the Kenya National Bureau of Statistics shows annual inflation at 4.5 per cent, with food prices rising 7.8 per cent. Staples like maize flour and sukuma wiki are set to cost more in January 2026. Some relief comes from declines in sugar and electricity prices.
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Egypt's annual urban headline inflation eased to 12.3% in November 2025 from 12.5% in October, the Central Bank of Egypt (CBE) confirmed, aligning with prior CAPMAS data. Food inflation slowed sharply to 0.7% from 1.5%, non-food to 20.2% from 20.4%, while monthly headline inflation fell to 0.3% from 1.8%.