All Inflation articles – Page 21
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Comment & OpinionShrinkflation has driven down volumes. What next?
Brands will now be looking to increase volume sales or drive product mix, says Alex Lawrence, senior strategic insight director at Circana
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NewsWaitrose asks suppliers to submit deflation proposals as it looks to lower prices
Suppliers have been asked to submit “deflation proposals” as part of JBT templates
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NewsCity Snapshot: Shop price inflation falls to 14 month low
Shop price annual inflation has eased to its lowest level since August 2022, falling to 5.2% in October from 6.2% in September. Plus trading updates from AB InBev, Carlsberg and Coca-Cola HBC.
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Analysis & FeaturesWhy the battle against food inflation isn’t over
Food price inflation has eased – but key drivers including energy prices, crop shortages and the ongoing effects of Brexit mean it’s far from over
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NewsJohn West hit by 78% profits decline as shoppers trade down
John West profits have sunk by 78% as cash-strapped shoppers flocked to discounters and turned to own label to combat inflation.
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KVI TrackerChristmas roast potatoes set to be more expensive this year
Maris piper potatoes have seen average price rises of 35% since October 2021
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NewsCoca-Cola sees boost to volumes despite higher prices
Coca-Cola has defied the trend for declining volumes at its global CPG peers as consumers kept buying its flagship drinks despite further price increases
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NewsKing Charles intervenes in food surplus fight with calls for huge rise in redistribution
The King is launching a Coronation Food Project to coincide with his 75th birthday next month
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NewsSugar beet price dispute goes to arbitration
British Sugar and the NFU have appointed a professional external facilitator to remedy their dispute
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NewsBlue Dragon shrinks noodle packs removing two nests
A spokeswoman for the brand confirmed the move, citing ‘significant increases in the cost of ingredients, energy, and transportation’
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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.