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0 0.00123762376237621 0.00247524752475242 0.00464108910891085 0.00990099009900991 0.0129950495049505 0.0089727722772277 0.0139232673267328
Stock impact report

WRAPUP 3-Price pinch: global economy caught in perfect storm [Reuters]

CNH Industrial N.V. Common Shares (CNHI) 
Last cnh industrial n.v. common shares earnings: 2/7 08:00 am Check Earnings Report
Company Research Source: Reuters
Price pinch: global economy caught in perfect storm By Guy Faulconbridge , Andrew MacAskill , Daniel Leussink , Leika Kihara 7 Min Read LONDON/TOKYO (Reuters) - From beef bowls in Tokyo to fried chicken in London, consumers are beginning to feel the pinch from the surge in costs coursing through the global economy. The rebound in economic activity as coronavirus restrictions are eased has exposed shortages across supply chains, with companies scrambling to find workers, ships and even fuel to power factories, threatening the recovery. Britain’s biggest chicken producer warned that the country’s 20-year cheap food binge is coming to an end and said food price inflation could hit double digits. “The days when you could feed a family of four with a 3 pound ($4) chicken are coming to an end,” Ranjit Singh Boparan, owner of the 2 Sisters Group, said. An acute shortage of warehouse workers, truckers and butchers as the world’s fifth-largest economy deals with Brexit as well as COVID-19 is Show less Read more
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