Inflation boosts U.S. household spending by $433 a month, on average, Moody’s finds
Blunting the impact of fast-rising consumer prices likely won't be easy or feel good, financial advisors said. Source link
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consumer prices
Even with slower inflation, consumer sentiment weakened sharply in November, survey shows
The University of Michigan Survey of Consumers posted a 54.7 reading for November, down 8.7% from the previous month's reading.
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Why egg prices are surging — but chicken prices are falling: It’s an ‘act of God’ event, says trade strategist
The price of eggs and chickens moved in opposite directions in October. Bird flu is a big reason why. Source
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Consumers are cutting back on holiday gift buying amid higher inflation
Shoppers are making fewer purchases, and at a discount, to combat higher prices this holiday season, several studies show. Source
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Yearly inflation in Turkey rises to new 24-year high of 85%
Yearly inflation in Turkey rises to new 24-year high of 85% ABC News Source link
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Unilever raises guidance as price hikes boost sales
Unilever Plc on Thursday raised its full-year sales estimates and reported a better-than-expected increase in third-quarter sales. Source link
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Personalized coffees and prestige skincare: Consumers snap up premium products despite cost-of-living crisis
Personalized coffees, "prestige" skincare and "elevated" spreads: companies are focussing on premium products — and consumers seem to love it.
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Turkish factory output beats forecasts in June to continue 2-year run
Türkiye’s industrial production expanded more than expected in June, official data showed Friday, continuing a strong two-year run despite a
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With inflation running at a 40-year high, 36% of U.S. adults tapped their savings to cover living expenses: survey
With inflation running at 40-year highs, 36% of adults in a new survey said they have had to turn to
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