Inflation
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This summer, Target aims to lower prices on a wide range of everyday essentials, spanning from diapers to milk. With inflation putting pressure on household finances and an increasing number of Americans scrutinizing their expenses, the...
Breaking News
India’s retail inflation eases to 11-month low of 4.83% in April, food prices remain a concern
India's retail inflation softened marginally, hitting an 11-month low of 4.83 percent annually in April, down from 4.85 percent in the previous month, as...
KFC parent Yum Brands reports decline in global same-store sales for Q1
Yum Brands saw a decline in quarterly global same-store sales, attributed to fluctuating demand for its KFC and Pizza Hut brands among inflation-wary consumers...
Consumer goods prices hold steady despite recent reductions; raw material inflation hints at future price hikes
Consumer goods prices are still elevated compared to two years ago, even though companies have reduced prices on the majority of products in home,...
UK grocery price inflation falls to 4.5%, lowest since February 2022
This month, UK grocery price inflation dropped to its lowest rate since February 2022. However, industry data reveals that almost a quarter of British...
The Body Shop files for bankruptcy: US operations shut down, Canadian stores to follow suit
The UK-based cosmetics company, The Body Shop, shut down all of its US-based operations and will soon be closing dozens of Canadian store locations...
ISWAI calls for inflation-based pricing model to combat shrinking margins in liquor industry
Premium spirits and wine importers' body ISWAI has urged state governments to implement an inflation-based pricing model, highlighting that industry margins have shrunk due...
Aldi to expand discount grocery chain across US as high food prices squeeze American budgets
Aldi aims to expand its network of discount grocery stores by adding 800 new locations across the United States over the next five years....
British supermarket sales growth slows in February, reflecting decline in food inflation: Industry data
In February, British supermarket sales growth decelerated to 5.3% from January's 6.6%, indicating a decline in food inflation, as per industry data.The market research...
India authorizes export of 110,000 tonnes of rice to African nations to bolster food security amid global crisis
As part of India's efforts to engage with the Global South, the government has authorized the export of 110,000 tonnes of rice to three...
Beiersdorf forecasts slower sales growth for 2024 amid pricing moderation and market challenges
Beiersdorf, the company behind Nivea, projects a deceleration in organic sales growth for 2024. This comes after a notable 10.8% surge in the previous...
Onion exporters urge govt for ‘fair and equitable’ distribution of export quota
Exporters have approached the government seeking clarity amidst an imbroglio, with the Centre recently announcing limited onion exports to select countries while maintaining a...
Govt extends 20% export duty on parboiled rice to curb price inflation
To further stabilize prices of rice, atta, and dal, the government has decided to extend the 20% export duty on parboiled rice indefinitely. Additionally,...