Inflation

Aldi, Lidl Continue To Outperform Rest Of UK Grocery Market: Kantar

The latest market share data from Kantar for the UK market shows that Aldi and Lidl continue to outperform the competition, with Lidl reporting a 25.1% inc...

Inflation, Slow Demand Still The Top Concerns For Retailers Globally: Survey

Despite initial signs that price rises are slowing, retailers globally are still worried about inflation dampening consumer spending, according to a survey...

ECB: Food Price Inflation To Start Easing In Second Half

Food price inflation will start easing in the second half of this year, French ECB policymaker Francois Villeroy de Galhau said on Tuesday, saying this is...

Associated British Foods Cautious On Consumer Spending After H1 Profit Fall

Primark-owner Associated British Foods has reported a 3% fall in first-half profit and kept its guidance for a flat outcome in the full year, staying cauti...

Nestlé Beats Quarterly Sales Estimates Following Price Hikes

Nestlé has reported slightly better-than-expected first-quarter sales, as the world's biggest packaged food company increased prices to offset tepid...

Rotterdam Says Port Traffic Drops Slightly As Inflation Weighs

Throughput in the port of Rotterdam, Europe's largest sea port, fell 1.5% in the first quarter as high inflation slowed down container traffic, the port's...

Romanian Food Retail Sales To Exceed €22bn, Study Finds

The turnover of food retailers in Romania reached RON 93 billion (€18.9 billion) in 2021, up by 11.7% on 2020 and by 48% over 2007, while net profit a...