Inflation
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Australia’s Burger Head to shut down amid rising financial challenges
Australia-based burger restaurant Burger Head has decided to close its doors in the coming weeks. This choice stems from the worsening financial troubles the...
Italy’s FMCG associations unite to tackle food inflation with price reduction initiatives
FMCG organizations in Italy have formally communicated their intention to the government, urging their food manufacturer members to implement significant price reductions.In a collaborative...
UK supermarket Asda initiates new round of price reductions amidst ongoing food inflation decline
On Thursday, Asda, a British supermarket, joined the ranks of its competitors, Ocado Retail and Sainsbury's, in revealing a new series of price reductions....
High-value pack sales dip as Indian consumers opt for affordable FMCG options
Despite the easing of inflation, a majority of Indians still find high-priced large consumer product packs unaffordable.According to data from the retail intelligence platform...
FMCG sector witnesses growth surge in June quarter: Volume and margins rise amid inflation moderation, small players reenter market
The Fast-Moving Consumer Goods (FMCG) sector experienced a rise in sales volume and an increase in gross margins during the June quarter. This growth...
Food price surge propels India’s retail inflation to nearly 15-month high of 7.44% in July
According to data released by the Ministry of Statistics on Monday, India's retail inflation climbed to an almost 15-month peak of 7.44 percent in...
Centre directs NAFED and NCCF to offer tomatoes at INR 50 per kg in retail
In response to the decrease in tomato prices within wholesale markets, the government has instructed the National Cooperative Consumers' Federation (NCCF) and NAFED to...
Tesco responds to UK cost-of-living crisis: Shifts focus to affordable store-brand products amidst grocery inflation surge
On Friday, Tesco, the supermarket conglomerate, announced its intention to decrease the presence of branded products in crucial product categories within its convenience stores....
FMCG companies restore product weight in response to stabilized ingredient costs and reduced packaging expenses
Don't be surprised if you notice a slight increase in the weight of your snack packs, soap bars, and toothpaste tubes. Last year, in...
Subway India adapts menu amid inflation: Free cheese slice replaced by sauce option
Subsequent to menu adjustments that analysts view as primarily driven by cost reduction rather than taste preferences, Subway outlets in India will no longer...
Surging fruit prices further drive up grocery costs amidst escalating inflation, experts warn of continued impact
It's not only tomatoes and vegetables that have caused an increase in the daily grocery expenses for households; the cost of the daily fruit...
Chicken prices drop by 30-40% since June peak, defying food inflation trend
Chicken prices have experienced a significant decline of 30-40% since reaching a peak of INR 120/kg in June. Presently, they are averaging around INR...