Personalized coffees, “prestige” skincare, and “elevated” sauces and spreads are just a few ways firms like Starbucks, Unilever, and Kraft Heinz are shifting their focus toward premium products – and consumers appear to be loving it. But why are firms… Read More ›
Day: August 15, 2022
China’s July Consumer And Factory Data Not As Expected
China posted July data that fell far short of expectations, as the real estate crisis and Covid regulations pulled down growth. The National Bureau of Statistics reported Monday that retail sales increased by 2.7 per cent year on year in… Read More ›
Argentina’s Interest Rate Was Raised To 69.5% As Inflation Reached A 20-Year High
Argentina’s central bank has hiked its key interest rate to 69.5% in an effort to rein in rising inflation. The bank raised its 28-day benchmark rate by 9.5% percentage points, the second increase in two weeks. It comes as new… Read More ›