Inflation

Ocado Retail Cuts Outlook As UK Shoppers Tighten Belts

British online supermarket Ocado Retail has downgraded its full-year outlook, saying customers are trying to navigate the cost of living crisis by buying f...

UK Grocers Lure Workers With More Perks

With job vacancies in Britain close to a record high, retailers including Tesco Plc have begun offering better perks to workers, enticing them with free fo...

Japan's Wholesale Inflation Hits 9% As Price Rises Broaden

Japan's wholesale prices rose 9.0% in August from the previous year, matching the annual pace of growth in July, signalling that persistently high raw mate...

UK Grocery Inflation Hit New High Of 12.4% In August, Says Kantar

Grocery inflation in the UK hit 12.4% in August, new data from Kantar has revealed, setting a new record for the British marketplace.

Spanish Retailers Shun Government Proposal To Freeze Basic Goods Prices

Spain's main supermarket chains rejected a proposal by the left-wing coalition government to temporarily freeze prices of a basic staple basket to ease the...

EU Spirits Exports Increase By 24% In 2021

EU spirits exports increased by 24% in 2021 compared with the preceding year to reach a value of €8.41 billion, according to spiritsEUROPE.

Germany's Bakeries Burnt By Rising Energy Prices

Around 10,000 baking firms across Germany are sounding the alarm that increased costs can no longer be simply passed on to customers who are already reluct...