AGP Executive Report
Last update: 9 hours agoFood & Drink: Halloween spending is forecast to hit a record $13.5 billion, even as candy prices rise 8.1% and chocolate costs jump 15.5%. Brands are leaning on value and seasonal launches: Habit introduced $10 meal boxes, while Spinach is bringing back green-apple cannabis products. Price Pressures: Philippine pork shows a widening farm-to-retail gap: hog prices have fallen sharply, but pork still sells for up to ₱380 a kilo. Luxury: LVMH reported a double-digit sales drop in mainland China, raising fresh doubts about a broader luxury recovery. Consumer Protection: Lagos regulators warned businesses that skipping complaint mediations could bring sanctions; in Sri Lanka, a water seller was fined Rs 500,000 for charging above the legal price. Household Bills: Philippine utility Meralco must refund customers about ₱2.64 billion over six months after regulators recalculated distribution charges.
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.
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