consumer-perception
Top StoriesGerman New Passenger Car Registrations up 3% in August – Industry Source
Top StoriesNew U.S. Rules on Ev Subsidies Slam Hyundai, Kia’s Dreams
Finance3 Recession-Proof FinTech Categories Poised for Success
Top StoriesSpain Launches Free Rail Travel Passes to Fight Inflation
Ryanair ‘hopeful’ of Return to pre-COVID Profit Level This Year
Date: August 30, 2022
By Muvija M and Conor Humphries LONDON (Reuters) -Ryanair is hopeful but not certain of returning to pre-COVID profit levels of over 1 billion euros ($1 billion) this year as travelers trade down to low-cost services, Chief Executive Michael O’Leary told Reuters on Tuesday. Last month the Irish airline, Europe’s largest by passenger numbers, said...
Inflation Crisis Forces New Frugality on French Consumers
Date: August 30, 2022
By Leigh Thomas and Caroline Pailliez PARIS (Reuters) -Cost-conscious French consumers are ditching fish, buying cheaper meat and snubbing organic food to save money on their shopping, the head of Europe’s largest food retailer and shoppers said on Tuesday. Carrefour Chief Executive Alexandre Bompard said economists’ debates about when inflation would peak were futile, and...
German EU-harmonised Consumer Prices up 8.8% Y/y in August
Date: August 30, 2022
(Reuters) – German consumer prices, harmonised to compare with other European countries, were up 8.8% on the year and rose by 0.4% month-on-month in August preliminary data from the Federal Statistics Office showed on Tuesday. Analysts had also expected harmonised data to increase 8.8% on an annual basis and rise 0.4% on the previous month....
Swiss Watchmakers Remain Upbeat Ahead of Geneva Gathering
Date: August 29, 2022
By Silke Koltrowitz ZURICH (Reuters) – Swiss watchmakers are not seeing signs so far that geopolitical tensions and recession fears are hitting demand for luxury timepieces, executives told Reuters ahead of the Geneva Watch Days event that opens on Monday. Sales of Swiss watches have rebounded strongly from the 2020 pandemic slump, with the value...
European Stocks Slip on Dour German Sentiment Survey Ahead of Powell Speech
Date: August 26, 2022
By Anisha Sircar (Reuters) -European shares slipped on Friday as investors fretted over downbeat German consumer sentiment data due to rising energy costs and the path for U.S. interest rate hikes ahead of Federal Reserve Chair Jerome Powell’s speech at Jackson Hole. The pan-European STOXX 600 dipped 0.1% in choppy trade, after rising at the...
Sony Hikes PS5 Price on Economic Pressures, Rising Rates
Date: August 25, 2022
By Sam Nussey TOKYO (Reuters) -Sony Group Corp said on Thursday it was hiking the price of its PlayStation 5 games console in markets including Europe, Japan and Britain following economic pressures including rising interest rates. Sony said it is raising the price of the disk drive equipped version of the console to 549.99 euros...