Primark raises prices as its unable to offset rising inflation Primark raises prices as its unable to offset rising inflation

  By guest author Gemma Goldfingle from Retail Gazette. Primark will implement “selective price increases” in autumn/winter as it is unable to mitigate rising costs in its business. The retailer’s sales and profits bounced back in the first half with revenue surging 59 % to GBP 3.54 billion. Primark will be forced to raise prices … More Primark raises prices as its unable to offset rising inflation Primark raises prices as its unable to offset rising inflation

World Bank: Food and Energy Price Shocks from Ukraine War Could Last for Years

  The war in Ukraine has dealt a major shock to commodity markets, altering global patterns of trade, production, and consumption in ways that will keep prices at historically high levels through the end of 2024, according to the World Bank’s latest Commodity Markets Outlook report. The increase in energy prices over the past two … More World Bank: Food and Energy Price Shocks from Ukraine War Could Last for Years

Lenzing Annual General Meeting approves all agenda items

Dividend of EUR 4.35 per share approved Lenzing Supervisory Board reduced from ten to nine elected members -Bw. Peter Edelmann steps down from the Supervisory Board at his request Cord Prinzhorn, MBA, elected Chairman of the Supervisory Board The 78th Annual General Meeting of Lenzing AG on Tuesday, April 26, 2022, passed a resolution to … More Lenzing Annual General Meeting approves all agenda items

New Eurostat products bring data closer to you New Eurostat products bring data closer to you

Today, Eurostat released a new dashboard featuring the Euro indicators as well as a new Eurostatistics Statistics Explained article, which replaces the previous Eurostatistics publication in PDF format. The Eurostatistics article gives a picture of the macroeconomic situation in the euro area, EU and the Member States showing the relevant indicators of production, demand, labour … More New Eurostat products bring data closer to you New Eurostat products bring data closer to you