Cost of Living

Unilever Reports Double-Digit Sales Growth Amid Price Rises

Unilever beat its sales forecasts for the first quarter as another big rise in prices from the consumer goods firm triggered only a small dip in volumes.

Cost Inflation Is Slowing, But Shoppers May Not See Lower Prices Soon: Analysis

The world's top consumer goods companies, making everything from instant noodles to soap and ice cream, are paying less for their raw materials and energy,...

German Consumer Morale Picks Up On Income Expectations: GfK

German consumer sentiment is set to pick up in May as moderating energy prices and expected wage increases help to dissipate households' initial fears abou...

France's Carrefour Confident As Q1 Sales Growth Accelerates

Carrefour, Europe's largest food retailer, said it was confident of more profit and cash flow growth this year despite high inflation, after sales growth a...

France To Take Action If Food Retailers Don't Pass On Falling Prices

French finance minister Bruno Le Maire pledged on Friday to take action against food retailers if they do not pass on lower wholesale prices to consumers s...

Tesco Not Profiteering Amid Cost Of Living Crisis, Says Boss

The boss of Tesco on Thursday hit back at the suggestion Britain's biggest retailer is making excessive profits as consumers struggle with a cost of living...

Britain's Tesco Expects Flat Profit In FY 2023-24

Britain's biggest retailer Tesco has forecast flat profit in its new financial year as it reported a 6.3% fall for 2022-23, hurt by not passing on to consu...

Spain's Leading Food Retailer To Cut Prices Of 500 Basic Products

Spain's leading supermarket chain, Mercadona, will lower the prices of at least 500 basic food products, it said on Wednesday, amid a cost of living crisis...