AGP Executive Report
Last update: 3 hours agoFood and Fuel Costs: Sri Lankan bakery owners will raise the price of a 450g loaf by 5 rupees from October 30, following a flour price increase. A three-month shortage of LAUGFS cooking-gas cylinders has also prompted Sri Lanka’s consumer authority to consider legal action against the supplier. Product Safety: Consumer NZ found seven in 10 tested sunscreens failed to meet their SPF label claims. UK authorities also seized counterfeit beauty products containing toxic chemicals, including mercury, lead and methanol. Household Bills: Riga’s district heating company has proposed a 19% tariff increase from December, citing higher gas, biomass and electricity costs. In the US, inflation rose in September as real consumer spending stalled, while Laos households continued to feel pressure from higher food, fuel and electricity prices.**
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