All Inflation articles – Page 13
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NewsCity News: Nestlé shares sink as shoppers baulk at continued higher prices
Shares in Nestlé sank on Thursday as the world’s biggest food group revealed lower-than-expected sales growth in the first nine months of 2023.
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NewsBirds Eye back in growth as shoppers switch to frozen lines
Birds Eye has returned to sales growth as it raised prices to offset inflation and benefitted from cash-strapped shoppers switching from fresh to frozen.
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NewsFarmers campaign at supermarket distribution hubs for improved returns
New campaign group Proud to Farm blockaded six distribution centres last week
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KVI TrackerFrozen turkeys set to be even pricier for Christmas 2023
Prices are up to 20% higher than this time last year and 30% higher than two years ago
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NewsAvara Foods announces plans to close Gloucestershire factory
The poultry giant cited the ongoing impact of inflation in the poultry supply chain as the key driver in its move
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NewsSamworth Brothers hires new CFO to replace outgoing Steve Bailey
The food group has appointed Charles Noble as chief financial officer to take over from Steve Bailey when he retires at the end of the year
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NewsCity snapshot: Food prices fall for first time in two years
Food prices have fallen for the first time in two years in September to keep the overall UK rate of inflation steady at 6.7%. Plus, Just Eat Takeaway lifts annual profit forecasts and Cake Box issues a first-half trading update.
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NewsFood producers lower prices at fastest rate for three years
Prices charged by food and drink manufacturers fell at the fastest rate in more than three years in September, raising the prospect that inflation is set to ease significantly in the coming months
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NewsAldi makes nearly 50 products cheaper in latest round of price cuts
The list includes cheese, butter and poultry, as well a range of cleaning products and household essentials
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NewsQuorn owner hit by cost hikes and falling demand in meat-free
Quorn parent Marlow Foods has plunged into the red as soaring costs, falling demand for plant-based in supermarkets and one-off redundancy charges hit the Monde Nissin-owned group.
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NewsHeinz profits increase despite Tesco dispute
Heinz has recorded bumper profits in the year it pulled products from Tesco shelves after a row over price rises.
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NewsAHDB reveals proposed levels of increase to its levy rates
The proposals from AHDB’s four sector councils come in the midst of ongoing input inflation across farming
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NewsMoy Park takes major knock to profitability as high inflation bites
The processor said cost rises continued into 2023
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NewsPlanning delays slowing growth of free-range egg production
Producers have warned the egg sector is being held back over often unfounded sustainability concerns
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NewsAsda invests further £9m in price cuts as families feel squeeze
The supermarket said it was lowering prices by an average of 14% on many of the most popular products that customers buy each week
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Promotional FeaturesHow technology can optimise CPG in-store success
Do you have the appropriate real-time information to make strategic decisions that help your CPG products fly off the shelves? Find out why enhanced retail execution software could be the golden ticket.
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NewsJamie Oliver and Tesco join forces for advertiser-funded programming
Oliver and Tesco will next week launch Jamie’s 5 Ingredient Meals on Channel 4, which they said was aimed at helping consumers buy less food in their weekly shops
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NewsAldi sells most British apples of all UK supermarkets
While Aldi only holds 10.2% of grocery market share, it sold 23% of all British apples last year, representing the greatest volume of any UK supermarket
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NewsFareShare leads protests amid food surplus ‘success story’ claim
Latest figures from Wrap show the total amount of food redistributed last year increased by 27%, or around 29,000 tonnes, compared with 2021
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NewsWhitby merger could push up prices and reduce quality, CMA finds
The CMA said the deal between the two largest scampi suppliers in the UK could result in a ’substantial lessening of competition’