Economy

UK Consumers Defy Weak Outlook To Ramp Up Their Spending: ONS

British retail sales rose in January for the first time since August and by much more than expected, according to official data.

Global Wheat Import Demand Dented By Local Output, Economic Woes

Global wheat imports are likely to drop this year as slowing economic growth among top buyers, a stronger greenback and higher local cereal output curb gra...

US Consumer Prices Post Largest Gain In Nine Months In December On Energy, Food

US consumer prices increased by the most in nine months in December amid higher costs for energy goods, pointing to still-elevated inflation.

Economic Climate For Food Retail In Greece 'Positive', Says IELKA

The economic climate for Greece's food retail sector 'remains positive', albeit with some market concerns, retail and consumer goods research firm IELKA ha...

German Consumer Sentiment Deteriorates In January: HDE

Consumer sentiment in Germany has dropped significantly in January 2025 to its lowest value since February of last year, according to the German Retail Ass...

Spain’s Plant-Based Food And Drink Market Sees 9% Growth In 2023

Spain's plant-based food and drink market reached €572 million in 2023, a 9.4% increase from the previous year and close to double its 2018 value of &...

UK Business Morale Falls To 2024 Low But Pay Growth Strong, Surveys Show

British business confidence fell to its lowest level of 2024 in December but employers were a bit more optimistic about the wider economy, a new survey sho...

UK Consumers Cautiously Shop More After Pre-Budget Slump

British retail sales rose by a weaker-than-expected 0.2% in November, according to official data which suggested consumers had overcome their worries about...