Energy Prices

Norway's January Core Inflation Jumps More Than Expected

Norway's core inflation rate jumped in January to its highest level on record, Statistics Norway data showed on Friday, increasing the probability that int...

British Beer-Maker Stockpiling Malt To Try To Beat Price Squeeze

As Malt price has gone up 40% to 50%, Milton Brewery in eastern England is stockpiling on the ingredient to stave off the impact of soaring prices.

NorgesGruppen Urges Government To Control Price Increases In The Value Chain

Norwegian retail conglomerate NorgesGruppen has emphasised that controlling exponential cost increases in the value chain is essential to keep food prices...

German Food Industry Sees 17.3% Growth In Sales In October 2022

The German food industry saw a 17.3% year-on-year increase in sales to €18.9 billion in October 2022, according to the latest data from the Federation...

Euro Zone Inflation Falls Sharply In December

Euro zone inflation tumbled last month but underlying price pressures are still rising and economic growth indicators are surprisingly benign, suggesting t...

French Inflation Slows Unexpectedly In December

Inflation in France unexpectedly edged lower in December from a record high a month earlier, helped by slowing energy price rises, official data showed on...

German Consumer Sentiment Maintains Upward Trajectory: GfK

German consumer sentiment is set to extend its recovery heading into the new year as government relief measures meant to take the bite out of soaring energ...

Infarm To Focus On Profitability, Cut Workforce By More Than Half

Vertical farming company Infarm is planning to focus on profitable Growing Centres and reduce its workforce by more than 50% due to rising energy prices an...