Inflation

REWE Group Sees Sales Growth Of 10.4% In FY 2022

German retail group REWE has posted sales growth of 10.4% to €84.8 billion in its financial year 2022, up from €76.8 billion in the preceding yea...

Spanish Government To Meet Supermarkets, Farmers Over High Food Prices

Spain's government will meet with food retailers and producers to address stubborn inflation in food prices, Economy Minister Nadia Calvino said.

Easter To Generate Retail Sales Worth €2.2bn In Germany, Notes HDE

Retail sales for Easter in Germany are expected to amount to €2.2 billion this year, with more than 40% of shoppers planning to spend on seasonal prod...

Nestlé To Examine Banking Relationships Following Takeover Of Credit Suisse

Food giant Nestlé will examine its banking relationships following the planned takeover of Credit Suisse by UBS, the food group's chief executive Ma...

Irn-Bru Maker A.G. Barr Flags Margin Hit In Short Term

A.G. Barr has warned of an operating margin hit in the short term from inflationary pressures and acquisitions, even as the Irn-Bru maker forecast annual p...

Discounters Surge As Grocery Price Inflation Hits 17.5% In UK: Kantar

Grocery price inflation in the UK hit 17.5% over the four weeks to 19 March, new data from Kantar has shown, with take-home grocery sales rising by 8.6% ov...

Food Prices Push UK Shop Price Inflation To New High, Says BRC

Soaring food prices pushed annual inflation in British shops to its highest in at least 18 years in March, industry data has shown.

UK Retailers Turn Positive On Sales Hopes After Bleak Winter

British retailers reported their first positive sales expectations in seven months, according to a survey published by the Confederation of British Industr...