Inflation

Aldi’s Italian Network Reaches 177 Stores

German discounter Aldi closed 2023 with 177 stores in the Italian regions of Piedmont, Lombardy, Veneto, Friuli-Venezia Giulia, Trentino-Alto Adige, and Em...

Kimberly-Clark Lags Expectations On Smaller Pricing Boost, Tepid Demand

Kleenex tissue maker Kimberly-Clark missed expectations for fourth-quarter net sales and profit due to slowing price hikes, dragging its shares down 4.5% p...

Four Challenges Facing UK Retailers In 2024: AJ Bell

Retailers in the UK will continue to face a slowdown in sales growth in 2024, with consumer confidence remaining fragile and competition intense, AJ Bell i...

Rising Food Prices Drive Sri Lanka Inflation Up To 4.2% In December

Sri Lanka's consumer price inflation rate jumped to 4.2% year-on-year in December driven by rising food prices, official data showed, although it remains w...

UK Inflation Picks Up Unexpectedly In December After Tobacco Duty Rise

Britain's annual rate of consumer price inflation (CPI) sped up for the first time in 10 months in December following an increase in tobacco duty, increasi...

Südzucker Upholds Annual Forecast; Sees Revenue Up In First Nine Months

Südzucker AG has witnessed group revenue growth of around 10%, to €7.8 billion, in the first nine months of its 2023/24 financial year from &euro...

French December Inflation Confirmed At 4.1%, Consumers Spend More Than Expected

Inflation in France was confirmed at 4.1% year-on-year in December, while November consumer spending unexpectedly rose, France's statistics agency INSEE sa...