Top line Vice President Kamala Harris is expected to discuss her economic policy proposals in her debate with former President Donald Trump on Tuesday night. The candidate calls for a middle-class-focused “opportunity economy” and released plans that include lowering food and drug prices and solving the housing crisis, among other things. Vice President Kamala Harris […]
According to a recent poll, consumers from both major political parties believe their party can lower grocery prices. But supporters of former President Donald Trump are more confident that Republicans can lower prices even without bipartisan help. Both presidential candidates have recently focused their campaigns on Food pricesand thus responds to ongoing consumer concerns about […]
In Beijing, profits of catering companies with annual sales of over two million yuan (US$280,750) fell to 180 million yuan (US$25 million) in the first half of the year, a year-on-year decline of 88.8 percent. Profit margins, a measure of the company’s profitability, have also fallen to as low as 0.37 percent, according to Beijing’s […]
(Getty Images) Studies show that the summer sales in the fashion retail sector, where stocks had to be reduced, led to a drop in prices in stores for the first time in three years. According to the British Retail Consortium (BRC), prices were 0.3% lower in August compared to a year earlier, the first such […]
As new figures show, retail prices are falling for the first time in almost three years. According to an influential retail group, retailers’ drastic price cuts to get rid of their summer merchandise helped push store prices into deflation in August for the first time since October 2021. Deflation occurs when the general price level […]
Store prices were deflationary in August for the first time in nearly three years, according to new data, as retailers dramatically slashed prices on summer goods to clear inventory. The British Retail Consortium-NIELSENIQ shop price index showed that prices fell by 0.3% in August, compared with inflation of 0.2% in the previous month. This is […]
(Reuters) – British shop prices fell year-on-year this month for the first time since October 2021, reflecting summer sales on clothes and homewares, a survey showed on Tuesday. According to the British Retail Consortium, shop prices fell by 0.3% in August compared to the same month in 2023, following a 0.2% increase in July. Non-food […]
In June this year, global temperatures reached the highest ever recorded, while Israel experienced its hottest July in 75 years. In August, the price of tomatoes rose to nearly NIS 30 ($8) per kilogram in some markets, and a ban on importing cucumbers was imposed due to bacterial contamination. This raises pressing questions about […]
UK shop price inflation remained stable in July after a period of decline amid fears that economic uncertainty could push prices up again. According to the British Retail Consortium (BRC)-NielsenIQ Shop Price Index, annual inflation was 0.2%, just below the three-month average of 0.3% and marking the lowest rate since October 2021. Food inflation continued […]
After two months of mild inflation, store prices have fallen again as global food prices fell and weak consumer demand forced retailers to face tougher competition. According to the BRC-Nielsen Shop Price Index, prices fell 0.2 percent in October compared to the same period last year, while they rose 0.2 percent in September. Inflation in […]
