Energy Prices

NorgesGruppen Urges Government To Control Price Increases In The Value Chain

Norwegian retail conglomerate NorgesGruppen has emphasised that controlling exponential cost increases in the value chain is essential to keep food prices...

German Food Industry Sees 17.3% Growth In Sales In October 2022

The German food industry saw a 17.3% year-on-year increase in sales to €18.9 billion in October 2022, according to the latest data from the Federation...

Euro Zone Inflation Falls Sharply In December

Euro zone inflation tumbled last month but underlying price pressures are still rising and economic growth indicators are surprisingly benign, suggesting t...

French Inflation Slows Unexpectedly In December

Inflation in France unexpectedly edged lower in December from a record high a month earlier, helped by slowing energy price rises, official data showed on...

German Consumer Sentiment Maintains Upward Trajectory: GfK

German consumer sentiment is set to extend its recovery heading into the new year as government relief measures meant to take the bite out of soaring energ...

Infarm To Focus On Profitability, Cut Workforce By More Than Half

Vertical farming company Infarm is planning to focus on profitable Growing Centres and reduce its workforce by more than 50% due to rising energy prices an...

McBride Continues To Trade In Line With Expectations

British cleaning products maker McBride is trading in line with expectations despite an uncertain political and macro-economic environment, according to a...

Stora Enso Warns Soaring Energy Costs Will Bruise Q4 Profits

Finnish forestry firm Stora Enso warned on Friday that fourth-quarter profit for its packaging business, its biggest division, would be hurt by soaring ene...