AGP Executive Report
Last update: 12 hours agoEthanol Fuel Debate: India’s ethanol-blending push is back in the spotlight as BIEPA urged consumers to ignore unverified E20 claims and stick to official guidance, defending the program’s economic and energy-security benefits. Consumer Finance Data Access: Australia’s ACCC-backed Consumer Data Right expands to non-bank lenders, letting borrowers use their data to compare loans and potentially switch providers from Nov. 9. Mortgage Costs: U.S. mortgage rates ticked up again, with the 30-year fixed conforming average at 6.628% and the 15-year at 5.811% (July 14). Retail Spending Resilience: U.S. retail sales rose for the ninth straight month in June, supported by affordability efforts and a still-strong labor market. AI and Inflation Pressure: A new report warns massive data-center buildouts tied to AI are likely to keep pushing up prices, complicating the Fed’s fight against inflation. Food & Safety: FSSAI action continues to hit online grocery—Swiggy Instamart faced multiple notices after consumer complaints. Brand/Packaging Moves: Mondelēz is watching Arnott’s (Tim Tam) as KKR reportedly prepares a potential sale, while HARIBO and Pladis roll out new treats and fiber-forward variants.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.