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Consumer Inflation

All articles tagged with #consumer inflation

Campbell’s Dividend Cut and Tyson’s Outlook Slump Signal Deepening Food Sector Stress
business1 month ago

Campbell’s Dividend Cut and Tyson’s Outlook Slump Signal Deepening Food Sector Stress

Campbell Soup has cut its quarterly dividend to 25 cents and lowered its fiscal 2027 sales forecast, while Tyson Foods has slashed its revenue growth outlook. These moves reflect a broader downturn in the food sector driven by cautious consumer spending and elevated inflation. Campbell’s shares fell approximately 7% following the announcement, as the company struggles with weak demand for premium snacks and rising commodity costs.

Mixed Inflation Results in Japan and Egypt for May
business3 years ago

Mixed Inflation Results in Japan and Egypt for May

Japan's wholesale inflation slowed for a fifth consecutive month in May due to sliding fuel and commodity prices, indicating that cost-push pressure that has driven up consumer inflation may be subsiding. The Bank of Japan (BOJ) is expected to maintain ultra-loose policy this week and stick with its forecast for a moderate economic recovery. However, prices of beverage and food goods rose 7.9% in May from a year earlier, and those of electric equipment were up 5.5%, indicating that cost pressures for sectors close to households such as retailers and restaurants were showing little signs of abating.

Global Inflation Rates Show Signs of Slowing Down
economy3 years ago

Global Inflation Rates Show Signs of Slowing Down

China's consumer prices rose at the slowest pace in more than two years in April, while factory gate deflation deepened, data showed on Thursday, suggesting more stimulus may be needed to boost a patchy post-COVID economic recovery. The weak consumer price rise reinforces the signals from this week's trade data suggesting domestic demand remains lacklustre, while the deflationary impulse in producer prices underlines the strains on factories - a double-whammy for the world's second-biggest economy as it tries to shake off the COVID-induced damage.