Inflation

Waitrose & Partners Slashes Prices Of More Than 200 Products

Upmarket UK retailer Waitrose & Partners has reduced the prices of over 200 everyday products as part of a £100-million investment to lower its c...

Italy's Agriculture Lobby Calls For Less Foreign Wheat To Save Farmers, Pasta

Italian farmers and consumers are demanding that the government limit foreign durum wheat imports to keep domestic producers in business and ensure greater...

How France Secured A Fall In Food Prices

French Finance Minister Bruno Le Maire said last week he had secured a pledge from 75 top food companies to cut prices on hundreds of products next month t...

Saputo Sees Profit Up In Full-Year 2023

Canadian dairy company Saputo has reported 18.7% year-on-year growth in revenue, to CAD 17.8 billion, due to higher domestic selling prices and previously...

Spain Won't Reinstate VAT On Basic Foods Until Price Rises Ease Says Minister

Spain will not reinstate the value-added tax (VAT) on essential food until price levels are "more appropriate," economy minister Nadia Calvino sa...

AB InBev, Molson Coors Dent US Craft Beer Competition With Cheaper Six-Packs

Anheuser-Busch InBev and Molson Coors Beverage are set to gain market share from craft beer makers in the United States this year as cost-conscious co...

Price Drop Fears Put Brakes On European Grocers' Rally

European grocers could exceed market expectations for earnings growth this year as they keep prices high even as costs fall, but the spectre of declining i...

France Strong-Arms Big Food Firms Into Cutting Prices

Top food companies in France including Unilever have pledged to cut prices on hundreds of products from next month, Finance Minister Bruno Le Maire said on...