Inflation

PepsiCo Posts Solid Performance, But The Real Challenge Begins Now: Analysis

While PepsiCo is looking forward to the remainder of the year with optimism after a strong second quarter, maintaining shopper loyalty will be challenging...

Argentina Inflation Seen Ticking Up Again In June On Food, Fuel Prices

Argentina's already sky-high inflation likely accelerated to 5.4% in June, pushed higher by fuel and food costs, according to a Reuters poll, und...

PepsiCo Lifts Sales Forecast On Firm Demand For Pricier Snacks, Sodas

PepsiCo Inc raised its full-year revenue forecast as consumers bought more sodas and snacks even in the face of rising prices.

Soaring Prices, Plastic Bottles To Dampen Japan's Thirst For Beaujolais Nouveau

Japanese fans of Beaujolais Nouveau wine will likely be reining in their enthusiasm this year as importers hike prices, dramatically shrink their...

German Petrol Stations See Turnover Decline 11.7% In May: Destatis

Independent petrol stations in Germany saw an 11.7% decline in price-adjusted sales in May compared with February 2022, according to preliminary data...

With Inflation Rising, Carrefour Unveils 'Imperfect' Product Range At Reduced Prices

French retailer Carrefour has announced a partnership with Nous-Anti Gaspi, an organisation aimed at reducing food waste along producer supply networks, on...

Euro Zone Consumers Cut Food Spending As Inflation Bites: Eurostat

Euro zone consumers cut spending on food, drinks and tobacco for the second straight month in May amid a spike of prices, according to latest est...

Mars Halts Supply Of Pet Food To Tesco

Mars Inc has stopped supplying some pet care products to Britain's Tesco, less than a week after US packaged foods company Kraft Heinz pulled several brand...