Inflation

Suspension Of Black Sea Grain Deal Could Raise Grain Prices 10% To 15%: IMF

The International Monetary Fund has estimated that Russia's exit from a deal allowing Ukrainian exports via the Black Sea could drive global grain prices u...

Greencore Sees Revenue Up In Q3 Despite Cost Inflation

Greencore has reported that its revenue increased in the third quarter by 1.9% to £495.4 million (€573.39 million), despite a 'difficult consume...

British Caterer Compass Leaves Outlook Unchanged

Contract caterer Compass Group maintained its annual outlook and reported a 15% jump in third-quarter organic revenues.

Nestlé, Danone Price Hikes May Put Them On France's Inflation Radar

Nestlé and Danone are among the firms whose product prices in France have risen by more than 10% this year, data has shown, potentially putting them...

FrieslandCampina Sees Operating Profit Decline In A 'Challenging' First-Half

Dutch dairy cooperative FrieslandCampina has reported a 85.7% year-on-year drop in operating profit, to €47 million, in the first half of its financia...

Irish Grocery Sales Rise 9.6% In Four Weeks To 9 July: Kantar

Irish grocery sales increased by 9.6% in the four weeks to 9 July 2023, with the average price per pack up by 11.1%, according to the latest data from Kant...

British Retail Sales Beat Expectations In June: ONS

British retail sales rose more than expected in June, boosted by unusually hot weather and a rebound in food sales after a dip the month before when public...

Edeka Reduces Prices Of 1,300 Products This Year

German retailer Edeka has permanently reduced the prices of more than 1,300 items across all product groups so far this year, a new study conducted by the...