Stock Market News
Global food makers, retailers remain in crisis mode
2022.06.22 16:50
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FILE PHOTO: A view of a cart full with the fresh fruit bunches at a palm oil collection centre for smallholders in Banting, Selangor, Malaysia, June 10, 2022. Picture taken June 10, 2022. REUTERS/Hasnoor Hussain/File Photo
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By Padraic Halpin, Conor Humphries and Richa Naidu
DUBLIN/LONDON (Reuters) – Global retailers and consumer goods makers remain in crisis mode and expect consumer behavior to remain unpredictable for the foreseeable future, top industry executives told a conference in Dublin this week.
Since the start of 2020, the STOXX Europe 600 Retail EUR Price Index has lost more than a fifth of its value. The equivalent index for European food and beverage makers