Articles for Prices Consumers

Americans 'seem to be catching on' to harsh reality of Trump's campaign pledge: columnist
1 week, 6 days ago

Americans 'seem to be catching on' to harsh reality of Trump's campaign pledge: columnist

Raw Story  

Americans are starting to wise up to the harsh reality that President-elect Donald Trump has no plan – and never did – to cut prices and bury inflation woes, according to a Washington Post columnist. And that could result in an expensive four years for consumers – many of whom fearing high prices are already stocking up on goods, Catherine …

Trump Rampell Prices Consumers Columnist Americans
Fake imported labels damaging fruit market
1 month, 1 week ago

Fake imported labels damaging fruit market

China Daily  

A customer selects cherries at a market in Liuzhou, the Guangxi Zhuang autonomous region, on Wednesday. LIN XIN/CHINA NEWS SERVICE Imagine buying what you believe to be premium imported fruits only to discover they're actually locally grown fruits with a hefty price markup. This scenario sometimes happens in fruit markets across China, where domestically grown produce often masquerade as imported, …

Market Fruit Fruits Consumers Fruit Market Imported
'Mind boggling': CEO puts Trump on notice he's on the way to 'higher prices and inflation'
1 month, 1 week ago

'Mind boggling': CEO puts Trump on notice he's on the way to 'higher prices and inflation'

Raw Story  

Donald Trump's threatened tariff plan will result in higher shoe prices, according to a retail industry trade group CEO. Matt Priest, CEO of Footwear Distributors and Retailers of America, appeared on CNN on Wednesday to discuss Trump's plan to install high tariffs on foreign goods. "So if you think about a kid's shoe making its way across the border, any …

Tariffs Priest Puts Trump
Searches of ‘who pays for tariffs’ sees massive spike after Trump’s announcement
1 month, 1 week ago

Searches of ‘who pays for tariffs’ sees massive spike after Trump’s announcement

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. During his last administration, Trump issued tariffs on steel and aluminum coming from the …

Trump Tariffs Inside Washington Washington Email Tariff
Small businesses are hurting at the worst possible time
1 month, 3 weeks ago

Small businesses are hurting at the worst possible time

CNN  

Washington CNN — Enjou Chocolat, a small business in Morristown, New Jersey, is still feeling the pain of inflation these days — from soaring cocoa prices to increased labor expenses. Like everyday consumers, small businesses have also felt inflation’s wrath over the years — and they remain angry about it, according to monthly surveys from the National Federation of Independent …

Business Holiday Inflation Prices Small Businesses Price Businesses
Retail sales up solidly in October as Americans showed continued willingness to spend
1 month, 3 weeks ago

Retail sales up solidly in October as Americans showed continued willingness to spend

LA Times  

Americans stepped up their spending at retailers last month in the latest sign that healthy consumer spending is driving the economy’s steady growth. Retail sales rose 0.4% from September to October, the Commerce Department said Friday, a solid increase though less than the previous month’s robust 0.8% gain. Sales in some categories fell — furniture stores, clothing outlets and drug …

Economy Retail Prices Sales Spending Spend Walmart
The people power on social media behind the ACCC's legal action against Woolworths and Coles
3 months ago

The people power on social media behind the ACCC's legal action against Woolworths and Coles

ABC  

Paniora Nukunuku was confused when he walked into his local Woolworths and saw a new red label with the words "low prices" on his regular can of corned beef — the price hadn't gone down, it had increased. "Following many years of marketing campaigns by Woolworths and Coles, Australian consumers have come to understand that the 'Prices Dropped' and 'Down …

Social Media Media Social Action Prices Reddit Legal Action
Coles and Woolworths hit with more reputational damage after year of negative headlines
3 months, 2 weeks ago

Coles and Woolworths hit with more reputational damage after year of negative headlines

ABC  

With the price of everyday items front of mind for many consumers at the check-outs, it shouldn't come as a shock that the actions of our major supermarket giants are under the microscope. After months of scrutiny over supermarket prices, the court action is yet another blow to Coles' and Woolworths' reputations, which were already under a cloud due to …

Social Media Consumer Court Products Prices Consumers Supermarket
High prices of vegetables causing pain to consumers
6 months ago

High prices of vegetables causing pain to consumers

New Indian Express  

KOLKATA: Retail prices for vegetables, eggs, and poultry meat remain high in Kolkata markets, causing suffering for the common man. Tomato prices have soared to Rs 80-100 per kg from Rs 45-50 a month ago, while Brinjal is selling for Rs 110-140 per kg, a jump of nearly 150 per cent from early June, greengrocers in several markets in the …

High Prices Vegetables Causing
Consumers are increasingly pushing back against price increases — and winning
10 months, 2 weeks ago

Consumers are increasingly pushing back against price increases — and winning

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “That was the fear — that everybody would tolerate …

Consumer Inflation Companies Prices Sales Biden Fed
Centre blames traders for onion price hike, terms farmers’ protests as ‘sponsored’
1 year ago

Centre blames traders for onion price hike, terms farmers’ protests as ‘sponsored’

The Hindu  

Even as protests of farmers and traders continued in Maharashtra over the ban on onion exports and MPs from the State urging the Centre to reconsider the decision, the Union Consumer Affairs Ministry said here on December 11 that the steps it had taken are bringing results with the prices of the kitchen staple coming down in both retail and …

Retail Prices Price Singh Centre Onion Farmers Hike Terms
Woolworths to cut lamb prices but frustration remains for farmers and processors
1 year, 2 months ago

Woolworths to cut lamb prices but frustration remains for farmers and processors

ABC  

Woolworths says it is a pre-Christmas gift for struggling families, the meat industry says it is the market adjusting to oversupply, and farmers battling record-low sheep prices say it is an admission consumers are being ripped off. Key points: Woolworths will cut lamb prices by 20 per cent and other supermarkets are expected to follow An oversupply of the market …

Market Farmers Prices Price High Woolworths Lamb
Sainsbury’s cuts prices on essentials amid pressure to pass on lower costs
1 year, 6 months ago

Sainsbury’s cuts prices on essentials amid pressure to pass on lower costs

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Sainsbury’s has unveiled £15 million …

Food Prices Price Pass Sainsbury Lower
The cost of food is down, but grocery bills are still up. Here’s why
1 year, 10 months ago

The cost of food is down, but grocery bills are still up. Here’s why

CNN  

New York CNN — Why aren’t prices falling at the grocery store? “When costs change, especially when costs change in a very publicized way,” it’s not unusual for companies to use the moment to raise prices, said Jean-Pierre Dubé, a marketing professor at the University of Chicago Booth School of Business. A few years ago, food makers “started increasing their …

Companies Prices Price Higher Bailey Higher Prices Food Cost
UK inflation accelerates to 41-year high of 11.1%
2 years, 1 month ago

UK inflation accelerates to 41-year high of 11.1%

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Britain’s inflation rate rose to …

Inflation Bank High Rate Hunt Ons
Consumers warned of looming 'nightmare' as AEMO reports record wholesale electricity costs
2 years, 5 months ago

Consumers warned of looming 'nightmare' as AEMO reports record wholesale electricity costs

ABC  

Millions of Australian households have been warned to brace for savage hikes to their power bills after prices in the country's biggest electricity market rocketed to their highest levels on record. Key points: Wholesale prices in the national electricity market averaged $264/MWh in the three months to June 30 The figure was twice the previous highest quarterly average and three …

Energy Market Electricity Costs Power Prices Price
Retailers fume as supermarkets sell milk at heavy discount
2 years, 8 months ago

Retailers fume as supermarkets sell milk at heavy discount

The Hindu  

Milk retailers and dealers have urged the State government to take steps to prevent the sale of milk below the maximum retail price by certain supermarkets. In a few places, shopkeepers are buying such low-priced milk from supermarkets and selling it to consumers,” said S.A. Ponnusamy, Tamil Nadu Milk Dealers and Employees Welfare Association. Another dealer said that with retailers …

Mrp Milk Prices Heavy Discount Supermarkets Sell
EXPLAINER: Why US inflation is so high, and when it may ease
3 years, 1 month ago

EXPLAINER: Why US inflation is so high, and when it may ease

Associated Press  

WASHINGTON — Inflation is starting to look like that unexpected — and unwanted — houseguest who just won’t leave. But they didn’t do nearly as much stimulus.’’ In a statement Wednesday, Biden acknowledged that “inflation hurts Americans’ pocketbooks, and reversing this trend is a top priority for me.’’ But he said his $1 trillion infrastructure package, including spending on roads, …

Economy Inflation Prices Price High Fed Higher
Energy crisis: UK consumers face rising fuel poverty this winter
3 years, 2 months ago

Energy crisis: UK consumers face rising fuel poverty this winter

Al Jazeera  

Colwyn Bay, Wales, United Kingdom – David Peacock is a 70-year-old with disabilities, living on his own in a flat in Llandudno, a Victorian resort town in North Wales, the United Kingdom. What campaigners want “Millions of people are desperate, not knowing how they can possibly manage this winter, with the fuel price rise coming on top of an unprecedented …

Poverty Energy Winter Gas Fuel Prices Price
EXPLAINER: Why are fears of high inflation getting worse?
3 years, 7 months ago

EXPLAINER: Why are fears of high inflation getting worse?

Associated Press  

WASHINGTON — Gas prices are rising. Not since the late 1960s and early ‘70s has the United States endured chronic high inflation, with consumer prices rising at or near double-digit percentages from one year to the next. Under Chair Jerome Powell, the Fed is betting that it can keep rates ultra-low even as the economic recovery kicks into high gear …

Inflation Companies Prices Price Rising High Fed
Global shipping was a mess before Ever Given blocked the Suez Canal
3 years, 9 months ago

Global shipping was a mess before Ever Given blocked the Suez Canal

CNN  

One of the world’s most vital trade arteries was blocked by a quarter-mile-long container ship for nearly a week, creating a traffic jam that ensnared over 350 vessels and could take days to clear. But even before the Ever Given ran aground in the Suez Canal last week, global supply chains were being stretched to the limits, making it much …

Europe China Supply Costs Global Trade Prices Container
AP Explains: New China tariffs likely to hit US consumers
5 years, 7 months ago

AP Explains: New China tariffs likely to hit US consumers

Associated Press  

WASHINGTON — With the Trump administration more than doubling tariffs on billions of dollars of Chinese imports, will Americans soon see higher prices on store shelves? Including the China tariffs as well as other duties Trump has imposed on items such as steel, American businesses and consumers were paying $3 billion a month in higher import taxes by the end …

China Pay Prices Cost Chinese Billion Tariffs