Economy

Hungarian Retail Sales Growth Slows As Inflation Bites, Czech Real Wages Decline

Hungarian retail sales growth eased in July, data showed, while Czech real wages declined at the sharpest pace in decades in the second quar...

Russian Consumer Prices Dip For Eighth Straight Week

Russian consumer prices extended their decline for the eighth week running, data showed, thanks to a seasonal drop in fruit and vegetable prices, sluggish...

UK Shop Price Inflation Jumps To 5.1% In July: BRC

Shops and supermarkets in Britain increased prices by 5.1% in the 12 months to August, the largest rise in records dating back to 2005, reflecting a jump i...

Euro Zone Inflation Hits Yet Another Record High In August

Euro zone inflation rose to another record high this month, beating expectations and solidifying the case for further big European Central Bank rate hikes...

Inflation Crisis Forces New Frugality On French Consumers

Cost-conscious French consumers are ditching fish, buying cheaper meat and snubbing organic food to save money on their shopping, the head of Europe's larg...

More Pain Or Rebound? Investors Brace For Retail Earnings

Walmart Inc and Target Corp kick off retail earnings this week, and what the two biggest US retailers say about consumers will likely set the theme for the...

Consumer Boom, Strong Demand Fuel Czech, Polish Q1 Growth

The Czech economy expanded faster than expected in the first quarter, while Polish growth was confirmed at 8.5% year-on-year, with strong household consump...

Oxford Economics Report Outlines Global Economic Impact Of Beer

An Oxford Economics report assessed the beer industry’s global economic footprint, revealing that in 2019, the industry supported 23.1 million jobs a...