Inflation

UK Inflation Hits 30-Year High Of 7%: ONS

British consumer price inflation leapt to its highest level in three decades last month, intensifying the pressure on the government to ease...

PZ Cussons Warns Of Challenging Months Ahead As Costs Surge

Soap maker PZ Cussons Plc has warned of challenging months ahead as input costs in the consumer sector are on the rise and household budgets may come under...

Tesco Sees Full-Year Profit Jump By More Than A Third

Tesco, Britain's biggest retailer, reported a 35.8% rise in annual profit but cautioned profit was likely to fall in the current year given the tough exter...

Average Portuguese Grocery Basket Has Increased In Price, Notes Deco

Since the start of the war in Ukraine began, the price of a basket of essential food items in Portugal increased by €11.30 or 6.15%.

Inflation In Russia Hits Seven-Year High, Prices Jump 10% In Year-To-Date

Annual inflation in Russia accelerated to 16.70% as of April 1, its highest since March 2015 and up from 15.66% a week earlier, the economy ministry said,...

Moody's Changes Outlook For Consumer Goods Sector From 'Positive' To 'Stable'

Moody's is anticipating operating profits of between 1% and 4% over the next 12 to 18 months for the global consumer goods industry, as the 'global econom...

UK Shoppers Turn To Own-Label Food As Inflation Bites, Research Shows

British shoppers are increasingly choosing own-label products to help counter surging inflation, the latest research by NielsenIQ has unveiled.

Turkey's Inflation Jumps To 20-Year High As Energy Prices Surge

Turkey's annual consumer inflation leapt to a 20-year high of 61.14% in March, data showed on Monday, fuelled by rising energy and commodity prices followi...