grocer price index
Rising food prices could boost the discounters Subscription
Aldi and Lidl have been tipped to benefit from escalating grocery inflation after inflation remained at 2.3% last month despite rising prices for food, alcohol and tobacco.
City snapshot: Supermarket prices rise 1.4% in March Subscription
Supermarket inflation jumped 0.9 percentage points to 1.4% in March - the highest level of grocery inflation since Christmas 2013.
The Grocer Price Index shows annual inflation for the month to 1 April standing at 1.4%
The price of UK food and non-alcoholic drinks rose 0.3% in February after 31 consecutive months of decline, according to the Office of National Statistics.
Unilever boss Paul Polman has called on the Government to tighten up UK takeover rules after the Anglo-Dutch Marmite producer successfully saw off a £115bn bid approach from Kraft Heinz last month. Plus retail shares suffer and all the rest of the latest news from the City
How deep were the supermarket price cuts? Subscription
The latest Grocer Price Index signalled an end to the era of supermarket deflation as prices in February rose again on an annual basis after two and a half years of price cuts. But how deep were the cuts?
City snapshot: Inflation returns to UK grocery Subscription
Supermarket shelf prices are on the rise for the first time in more than two-and-a-half years, according to the latest Grocer Price Index
The industry-wide deflation that has gripped the grocery market since mid-2014 fell back to zero in the month to 1 February
Activist investor Oasis Management is set to further build its stake in Premier Foods after entering a customary relationship agreement
Some individual SKUs are significantly more expensive than a year ago – including those affected by widespread shortages
Inflation has hit its highest rate for two-and-a-half years, driven by the dramatic slowdown in falling food prices since the EU referendum and rising fuel costs at the pumps.
The majority of consumers are feeling the pinch from rising prices over the past year and expect more rapid hikes to come in the next 12 months in the wake of Brexit, according to market research firm GfK.
Tesco was the only big four retailer to buck the trend with its prices still down 1% year on year
Durex owner Reckitt Benckiser is to acquire baby formula firm Mead Johnson Nutrition Co in a deal worth $17.9bn
Irish nutrition group Glanbia has announced two acquisitions this morning totalling €181m as it looks to grow its international footprint.
Sales and profitability have soared at Addo Food Group after it turned around the performance of the chilled savoury pastry business acquired from Kerry Foods in August 2014.
Latest data reveals prices for the chickpea dip were already surging across all of the major mults
Craft brewers hit by rising US hop prices Subscription
The UK’s independent brewers look set to face a challenging year…
Rice prices have risen due to concerns rainfall in Vietnam could affect production levels
Falling catches push up price of haddock Subscription
Haddock prices continue to rise due to falling catches across the EU
Polypropylene prices are up, due to increased demand from the automotive sector
Middle East conflict concern pushes up crude oil Subscription
Crude oil prices have risen over growing concerns from conflicts in the Middle East
David Sables of Sentinel Management Consultants argues it’s not the discounters that grocers need to worry about. It’s Amazon
Palm oil production recovers to stymie prices Subscription
Palm oil prices have fallen due to an expected recovery in production for areas previously affected by El Niño