Global production falls drive up cooking oil prices for supermarkets
Monday 11 November 2024 · 2 outlets · 2 reports · updated In this story Foodstuffs, Infometrics
Cooking oil prices have risen due to a decrease in global production, according to Infometrics data. While some items like noodles and butter have seen increases, overall supplier costs to supermarkets rose by an average of 2% in October, marking the lowest annual increase in approximately three years.