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Recent Articles

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Euromonitor: Russia-Ukraine war's impact on wheat supply has intensified inflation of staple foods, particularly foods derived from wheat such as baked goods, pasta/noodles and breakfast cereal, while cost of feed drives processed meat price increases

S&P Global: Euro zone economic growth showing signs of faltering as pent-up demand from pandemic is already fading, offset by cost of living shock and slumping business/consumer confidence; business growth has slowed in June by much more than expected

Goldman Sachs: If US recession occurs, it will likely be on the shallow end due to private sector balance sheets in better shape than at end of previous business cycles, and inflation isn't as entrenched as high inflation episodes of 1970s/early 1980s

Moody's affirms US' Aaa rating, citing country's emergence from pandemic shock with 'exceptional' economic strength; economy expected to remain resilient to shocks, including challenges from inflation, tightening financial conditions, Russia-Ukraine war

Average UK shopping bill rises to £380 as grocery price inflation jumps to 8.3% over four weeks ended June 12; however, latest numbers show market is to an extent returning to pre-Covid norms: Kantar

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