A representative of InfoCons Consumers Protection is attending the Consumers International Meeting on Smart Solutions to Address Rising Costs
On October 6, 2025, a representative of InfoCons is participating in a members’ meeting organized by Consumers International, held via the Zoom online platform. The meeting focuses on Smart Solutions to Tackle Rising Costs.
Globally, consumers continue to face the consequences of elevated prices amid growing market volatility, particularly in low- and middle-income countries.
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According to the FAO Food Price Index, a key indicator of global food commodity prices, the average value reached 128 points in June 2025, representing an increase of nearly 6% compared to the previous year. Further disruptions in food supply chains and pricing are anticipated in the coming months, largely due to the introduction of new tariffs.
In the financial sector, insurance costs are also increasing, with home and contents insurance becoming progressively less affordable for many households. Between 2024 and mid-2025, home insurance premiums in the United States rose by 9.3%, extending a persistent upward trend observed in recent years. Climate-related events are among the key factors contributing to these price increases, exerting additional pressure on both premiums and household budgets.
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During the meeting, potential solutions to these challenges were examined. Attention was The meeting explores potential solutions to these challenges. An initiative launched in 2023 to address rising food prices is examined, highlighting its continuing impact. Discussions focus on the joint efforts of members to mobilize public engagement, collaborate with policymakers, and develop a robust methodology for assessing price divergence.
In the financial domain, the meeting examines how the insurance sector can respond to consumer cost pressures. The analysis covers both global regulatory perspectives and local consumer experiences, identifying effective approaches and areas where innovation and policy intervention remain necessary.