AGP Executive Report
Last update: 11 hours agoPrices and confidence: Italian inflation reached 5.4% in October, while consumer confidence fell to a three-year low. The economy also stagnated in the third quarter, leaving households facing rising costs and weak growth. Household goods: Sasol restarted its paraffin unit in Augusta and lifted supply restrictions, improving availability of ingredients used in household cleaners and laundry detergents. Food and drink: Valcolatte introduced recyclable packaging, while Sanpellegrino added a flavour to its Zero Added Sugar range. Barilla also agreed to buy US pasta brand Goodles for $750 million. Fuel and deliveries: Rising fuel costs fuelled Italian drivers’ protests and a week-long trucker blockade that disrupted fuel and food supplies before deliveries resumed.
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