Inflation across the 19-country euro area hit a four-year high of 2.0 percent in February thanks to soaring prices of energy, said Eurostat, the statistical agency of the European Union (EU) on Thursday. The latest inflation figure is ...
Tags: Eurozone Inflation, inflation
China's consumer prices increased 2.3 percent in February from one year earlier, up from January's 1.8 percent, official data showed Thursday. The inflation rate, the highest since July 2014, beat expectations as economists from the ...
Tags: Consumer Prices, inflation rate
China's consumer prices in November grew by their slowest pace in five years, official data showed on Wednesday, raising the probability of more easing measures by the central bank. China's consumer price index (CPI), the main gauge of ...
Tags: consumer prices, November's CPI
Indian Finance Minister Arun Jaitley has expressed confidence that a low and stable inflation rate would be soon attained. Reacting to the data released for Wholesale Price Index (WPI) and consumer price inflation for September 2014, ...
Tags: inflation rate, food markets
Furniture was the best-performing product category in July, reporting its highest growth since January (excluding Easter distortions), according to the latest BRC-KPMG Retail Sales Monitor. Although GfK’s Climate for Major Purchase ...
Tags: Sales, Furniture, Furnishing
Helen Dickinson, British Retail Consortium Director General, said, “May has seen shop price deflation remain unchanged at 1.4 per cent, the thirteenth consecutive month of deflation." Highlights: -Thirteenth consecutive month ...
Tags: Clothing, Helen Dickinson
Justin King, Chief Executive, said: "We have seen a decline in sales in the quarter reflecting tough comparatives. This time last year our sales benefited significantly from the discovery of horsemeat in some branded and ...
Tags: Justin King, clothing, ladieswear
Supermarkets should drop their “dodgy discounts and misleading multi-buys” and be more open with consumers who are increasingly worried about rising food prices, according to consumer watchdog Which? Slip up in the shops: ...
Tags: supermarket, guilty, dodgy, discount
Overall shop prices reported annual deflation for the third consecutive month in July, falling 0.5% from 0.2% in June. Food inflation fell to 2.2% in July from 2.7% in June. Non-food reported annual deflation of 2.1% in July from 1.9% in ...
Tags: Shop Prices, Textile
UK retail sales for May underline the growing importance of online sales, which “saved retailers’ bacon”, last month, according to consultancy firm KPMG. Online sales 'saved retailers' bacon' in May, said KPMG ...
Tags: British Retail Consortium Sales Monitor, Online sales, KPMG
The 3rd North American edition of the Sustainable Foods Summit was hosted in San Francisco on Jan 22-23rd. Improve efficiencies in food supply chains was the resounding message from the summit, which brought together over 160 senior ...
Tags: Foods Summit, food supply, food
Canadian baker Canada Bread, in which Maple Leaf Foods has a 90% stake, has announced plans to close two bakeries, affecting around 120 jobs. The facilities are located in Grand Falls in New Brunswick and Edmonton in Alberta. The ...
Tags: Canada Bread, baker, Maple Leaf Foods
Canadian retailer Metro Inc has reported an increase in first-quarter profits as higher sales boosted margins. Metro booked a 17.1% rise in net earnings to C$121.4m (US$121.1m) for the quarter to 22 December. Excluding profits from a ...
Tags: food inflation, food industry, profits
Chefs can now hit their target GP and instantly work out menu prices with the new free GP Calculator App from buying specialists Lynx Purchasing. The Luynx Purchasing GP Calculator App can quickly find the correct price to charge on the ...
Tags: Lynx Purchasing, Free Gp Calculator App for Smartphones, Chefs
Sainsbury's today (9 January) reported that third-quarter like-for-like sales, excluding fuel, came in at 0.9%. While this represents a slow-down from the company's previous 31 consecutive quarters of growth, Sainsbury's was able to ...
Tags: food inflation, Sainsbury, sales, Retail Pack