More German Consumers Cannot Afford Meals With Meat
According to the latest data released by European statistical office Eurostat, an increasing number of Germans did not have enough money to eat meals which included meat, fish, poultry, or…
Cocoa Production To Drive Up Prices Of Chocolate
Everyone is hurting under inflation, however this week chocolate lovers are finding out they may end up hurting more than most. Wholesale cocoa beans have seen prices rise to the…
EU Considers Reconnecting Russia To SWIFT To Save Black Sea Grain Deal
On Monday, the Financial Times reported that, according to sources close to the discussions, in a effort to rescue the Black Sea grain deal in Ukraine, the EU is mulling…
British Grocery Inflation Easing
On Tuesday, Bloomberg reported that in Britain, grocery inflation has begun to ease, with two separate surveys indicating that food price inflation may finally be on the downswing from its…
Tyson Foods To Layoff 228 Employees Who Refuse To Relocate
On Tuesday, Tyson Foods confirmed that as it seeks to cut costs, it will lay off 228 corporate employees in Illinois, should they decline to relocate to the company’s new…
British Breweries Are Going Bust
Mazars Group has noted that as the cost of living crisis in Britain savaged the nation’s hospitality sector, British brewing companies suffered among the worst of it. The group’s analysis…
Russian McDonalds, Rebranded Under New Management, Outperforms Predecessor
Earlier this week Aleksander Govor, the owner of Russian fast food chain Vkusno i Tochka, announced that since his company took over from McDonalds in Russia following the US chain’s…
Russia Exports 20% Of All Wheat Exported Globally
In a statement, the Russian agricultural minister has said that his nation has reoriented its exports of agricultural products, diverting them to nations which have not supported Western sanctions against…
Anheuser Busch Continues To Decline As Beer Sales Boycott Grows
As sales of Bud Light continue to decline, shares of parent company Anheuser-Busch InBev (BUD) are following suit. Nielsen just released new data showing sales of Bud Light have declined…
Coffee Getting More Expensive As Supply Tightens
Bloomberg is reporting a cup of coffee may be getting much more expensive in the near future, as tighter supplies, combined with the cost of living crisis, and the inflation…
