An index tracking total returns from select agricultural producers has outperformed the broader MCSI World Index by about three percentage points since the start of July, data compiled by Bloomberg show. The industry has outperformed as a gauge of food commodity prices posted its biggest gain in 16 months last month
Portuguese retailer Jeronimo
Martins on Wednesday posted a 36% increase in
first-half net profit as high inflation boosted sales,
especially in Poland where it operates discount stores, although
it.
Portuguese retailer Jeronimo
Martins on Wednesday posted a 36% increase in
first-half net profit as high inflation boosted sales,
especially in Poland where it operates discount stores, although
it.
Stock pickers have been lured to names like Tesco and Carrefour, whose profits have been boosted by the rising cost of everything from pasta to chocolate
European grocers could exceed market expectations for earnings growth this year as they keep prices high even as costs fall, but the spectre of declining inflation and government-imposed price caps is tempering investor hopes.