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Thursday, 27 November 2014

Analysis: Low food inflation tightens squeeze on Europe's grocers

Fruit and vegetables are seen for sale in Soho's Berwick Street Market in central London By Emma Thomasson and James Davey BERLIN/LONDON (Reuters) - Subdued food price inflation in Europe is unlikely to pick up any time soon, adding to the pressure on mainstream grocers as they struggle with changing shopping habits and competition from discounters. Prices paid in Europe for fast-moving consumer goods rose at their slowest pace since 2010 in the third quarter, and fell in Spain, France and Italy, according to consumer data firm Nielsen, weighing on retailers' revenues and share prices. ...








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