European retailers are redoubling ingenuity to ensure flexibility in the current context. According to Eurostat, the EU’s statistics agency, inflation in the Eurozone is expected to reach 7.5% in March 2022 (in annual terms, i.e., March 2022 compared to March 2021). In February, inflation in the Eurozone rose by 5.9%.
Energy will have the strongest inflationary impact in March, with an increase of 44.7% of costs estimated, compared to a rise of 32% in February. As a comparison, one year ago,...