Inflation

Mondelēz Lifts 2022 Outlook, Prices As People 'Can't Live Without Chocolate'

Mondelēz International Inc raised its full-year results forecasts and rolled out more price hikes as people continued to snack on the Oreo maker's chocolat...

Italian Government Pledges Action Against Inflation

Italy's economy performed unexpectedly well in the third quarter, data showed on Monday, offering a welcome boost for the country's new government as it pl...

ICA Gruppen Sees Operating Profit Decline In Third Quarter

Swedish retailer ICA Gruppen has reported a 6.8% decline in operating profit to SEK 1.7 billion in the third quarter of its financial year.

UK Retailers Report October Rebound But Outlook Bleak: CBI

British retail sales rebounded this month, according to an industry survey published on Thursday that contrasted with other, gloomier gauges of the consume...

Brazil Brewer Ambev Beats Q3 Profit Expectations On Local Market Momentum

Brazilian brewer Ambev has reported a third-quarter net profit beat thanks to positive momentum in its home market and reaffirmed an outlook of g...

German Consumer Sentiment Sees Small, And Fleeting, Reprieve: GfK

German consumer morale is expected to recover slightly in November, though talk of a trend reversal is far too early at this point, according to a new GfK...

Carlsberg Lifts 2022 Profit Outlook Despite Weakening Consumer Sentiment

Carlsberg has reported third-quarter sales broadly in line with expectations and lifted its profit forecast for the year despite weakening consumer sentime...

Two-Thirds Of UK Shoppers To Cut Festive Spending This Year

Over two-thirds of British adults are planning to cut back on festive spending this year due to a worsening cost-of-living crisis, according to a survey pu...