Higher prices lifted PepsiCo's revenue in the second quarter but dented consumer demand, and the company said Thursday that price increases could start to moderate in the second half of this year.Snack food volumes fell 3% in the April-June period, while beverage volumes dropped 1%. Yet net ...
WASHINGTON (AP) 鈥� Wholesale prices in the United States decelerated again last month, the latest sign that inflationary pressures are easing in the face of the Federal Reserve's streak of interest rate hikes.The government's producer price index 鈥� which measures inflation before it reaches ...
HONG KONG (AP) 鈥� China's exports tumbled 12.4% in June from a year earlier as demand weakened after central banks raised interest rates to curb inflation even as Chinese leaders struggled to keep a post-COVID recovery from faltering.Customs data released Thursday showed imports slid 6.8% to ...
