Tag Archives: Inflation

Food prices and overall inflation will rise as temperatures climb with climate change, a new study by an environmental scientist and the European Central Bank found. Looking at monthly price tags of food and other goods, temperatures and other climate factors in 121 nations since 1996, researchers calculate that “weather and climate shocks” will cause the cost of food to …

NEW YORK (AP) — Walmart on Tuesday reported another quarter of strong results, as its low prices attracted shoppers looking for deals in an economically challenging environment marked by bouts of inflation. Yet inflation is fading, resulting in Walmart customers spending less per trip, leading the company to release a modest earnings forecast. Walmart also said it is buying smart …

FRANKFURT, Germany (AP) — Inflation in Europe edged lower in January to 2.8%, keeping alive speculation about quicker interest rate cuts that would lower borrowing costs for businesses and consumers — and help boost the stagnating economy. The annual figure released Thursday by the European Union statistics agency Eurostat was down from 2.9% in December and matched what market analysts …