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01.04.26 - 19:36
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UK food inflation ′could hit 9%′, trade body warns as Reeves meets retail chiefs (The Guardian)
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Discussion on how to ease impact from Iran war coincides with Food and Drink Federation almost tripling forecastFood inflation could hit 9% in the UK this year even if the strait of Hormuz opens within the next few weeks, figures suggest, as the Iran war pushes up energy prices.The Food and Drink Federation (FDF), which represents 12,000 food and drink manufacturers, has predicted prices will rise by “at least” 9% by the end of 2026, almost tripling a forecast of 3.2% that was made before the Middle East conflict. Continue reading......
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01.04.26 - 15:39
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US Retail Sales Jumped Most In 8 Months In February (ZeroHedge)
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US Retail Sales Jumped Most In 8 Months In February
Bank of America's omniscient analysts forecast a very strong month for Retail Sales in February data (released today)...
The actual print was +0.6% MoM (better than the 0.5% consensus, but less than BofA's forecast) comes after a revised higher 0.1% MoM decline in January (and December's nothingburger)...
Source: Bloomberg
That is the highest MoM rise since June 2025, and sales rose 3.7% YoY...
Core Retail Sales (Ex Autos) rose 0.5% MoM (much better than expected) and Ex Autos and Gas also rose more than expected (+0.4% MoM).
Food and Beverage spending fell while Motor Vehicle and Parts Dealers saw the biggest jump...
Most importantly, the 'Control Group' which plugs into the GDP calculation rose 0.5% MoM (also considerably better than expected).
Interestingly, 'real' retail sales (admittedly crudely adjusted via CPI) have rebounded from a negative print in December...
Of course, this data was before the war started and before gas pric...
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01.04.26 - 15:13
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USA: Einzelhandelsumsätze steigen etwas mehr als erwartet (DPA-AFX)
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WASHINGTON (dpa-AFX) - Die Umsätze im US-Einzelhandel sind im Februar etwas stärker als erwartet gestiegen. Sie legten im Monatsvergleich um 0,6 Prozent zu, wie das Handelsministerium am Mittwoch in Washington mitteilte. Volkswirte hatten im Schnitt lediglich ......
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01.04.26 - 14:39
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US-Einzelhandelsumsatz steigt im Februar um 0,6 Prozent (Dow Jones)
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DOW JONES--Der Einzelhandelsumsatz in den USA ist im Februar etwas höher als erwartet gewesen. Wie das Handelsministerium mitteilte, stieg er gegenüber dem Vormonat um 0,6 Prozent. Von Dow Jones Newswires befragte Volkswirte hatten ein Plus von 0,5 Prozent ......
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01.04.26 - 10:06
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Swiss Retail Sales Rebound In February (AFX)
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BRUSSELS (dpa-AFX) - Swiss retail sales increased in February after falling at the steepest pace in sixteen months in January, data from the Federal Statistical Office revealed on Wednesday.In rea......
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