Key Points: Consumer sentiment in July reached its highest level in five months, with pessimism for the short-term business outlook easing and expectations for inflation in a year falling to 4.4% from 5%, according to the University of Michigan. Household…
Tag:
inflation
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Key Points: Conagra Brands, based in Chicago, is expecting a significant increase in cost of goods sold (COGs) inflation for fiscal 2026, with a combination of 4% core inflation and a 3% rise due to tariffs, totaling around 7% according…
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Consumer preferences are evolving, and Hershey is adapting by prioritizing innovation. With iconic brands like Kisses, Reese’s, and Dot’s, Hershey is focusing on product innovation and carefully selecting which consumer trends to invest in. The company is not only enhancing…
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Dive Brief: Food-at-home prices increased in April at a 2% annual pace, down from 2.4% in March, according to Consumer Price Index data released Tuesday by the U.S. Bureau of Labor Statistics. Across-the-board inflation ticked down last month to 2.3%,…