Inflation: latest news, insights and analysis | ESM Magazine

US Inflation Rises Moderately, Consumer Spending Cools

US prices increased moderately in June as the declining cost of goods tempered a rise in the cost of services, underscoring an improving inflation environm...

Frozen Food Supplier Lamb Weston Provides Dour Annual Forecasts

Lamb Weston forecast its annual sales and profit below analysts' expectations, as higher prices of its frozen food products begin to hurt volumes...

Rémy Cointreau Misses First-Quarter Sales Forecast As US, Asia Woes Deepen

Rémy Cointreau has reported a steeper-than-expected first quarter sales decline as its problems in the US spread to its liqueurs and spirits divisio...

Finland's Kesko Sees Net Sales Decline In First Half

Finnish retailer Kesko has reported a 1.3% year-on-year decline in reported net sales, to €5.9 billion, in the first half of its financial year.

Irish Shoppers Spent €12m On Snacks, Drinks In The Latest Four Weeks: Kantar

Irish shoppers spent a combined €12 million on savoury snacks, chocolate, wine, and cider in July, according to the latest data from Kantar.

Champagne Makers Call For Reduced Grape Harvest After 15% Drop In Sales

France's champagne producers have called for a cut in the number of grapes harvested this year after sales of the wine fell more than 15% in the first half...

Consumer Goods Makers Weighed Down By Weak European And US Sales

Consumer goods giants including Nestlé, Kraft Heinz and Reckitt are likely to report weak second-quarter sales growth from Europe and the United Sta...

Cooler UK Weather Chills Retail Sales In June

British retail sales volumes fell by more than expected in June, after unseasonably cooler weather put off shoppers, official figures showed on Friday.