Finance News – Price Rises
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Birkenstock sales step up in ‘ugly shoe summer’
Birkenstock experienced a notable rise in revenue and unit sales during the recent quarter, contributing to its financial performance exceeding forecasts despite broader market cha...
Read Full Article →'We sit in the dark to save money on electricity'
Over 100 individuals participated in a Saturday protest to highlight public concern over rising electricity costs that exceed inflation, emphasizing the financial strain on househo...
Read Full Article →BoE policymaker plays down inflation risk in call for rate cuts
Alan Taylor suggested that temporary factors currently influence price increases, emphasizing the impact of the Trump trade war, which supports the case for reducing interest rates...
Read Full Article →Beef drives food inflation to highest in a year
Rising beef costs have contributed to an increase in overall food prices, causing the annual inflation rate to reach 2.8% in May, the highest level recorded in the past year.
Read Full Article →Hard to swallow: food inflation rises for fourth month in a row
Rising food prices over several months indicate increasing costs for consumers and retailers, potentially impacting household budgets and business expenses due to new taxes and reg...
Read Full Article →Walmart warns US-China tariff deal will not avert price rises
Despite growth in first-quarter revenue, Walmart indicates that ongoing trade tensions between the US and China are likely to contribute to higher consumer costs moving forward.
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