All Inflation articles – Page 4
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NewsInflation crisis imminent unless taxes overhauled, warns food industry
Industry leaders blamed rising inflation on a damaging combination of commodity price increases and a raft of government interventions
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Comment & OpinionTalking to politicians is hassle. But we must use our voice
For most of the industry there has rarely been a time when policy formulation or the response to geopolitical events has been so potentially important, says Ian Wright, partner at Acuti Associates
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News‘Dinner for tonight’ drives grocery growth as Brits stay home
Brits are increasingly favouring healthier, home-cooked meals over dining out, according to NIQ
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NewsUK inflation accelerates amid higher food prices
Food and drink prices have risen 4.2% compared with a year ago, their fastest rate in 18 months
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NewsFood brands overcome inflation to outpace own label
It is the largest gap in favour of brands since March last year
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NewsPackaging tax driving food inflation and worse to come, says Bank of England
In its Monetary Policy Report for August, the bank says the introduction of EPR is one of the reasons UK food inflation is outstripping that seen in the EU
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NewsHigher food sales ‘barely touching the sides’ of extra labour costs
Rising food inflation meant increased spending was more due to higher prices than rising demand
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NewsFood inflation will hit 5.5% in 2025, Bank of England warns
Food price increases have been driven by rising key food commodities, higher employment costs and extended producer responsibility levies on packaging
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Comment & OpinionCultivated meat should support UK farmers, not push them out
The meat production system is under growing and unsustainable pressure, says Owen Ensor, CEO and co-founder of Meatly
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KVI TrackerRed meat volumes slump as consumers swap to cheaper options
Prices across beef and lamb products have been steadily on the rise with beef up 13% year on year and lamb up 4.7%, which has led to a drop in consumption
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NewsFood inflation hits 4% as budget cost pressures meet tightening global supplies
Food inflation has climbed from 3.7% year on year in June, with staples such as meat and tea among hardest-hit categories amid tighter global supplies, according to the latest BRC-NIQ Shop Price Monitor
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NewsUK food inflation to rise by 34% due to climate change in next two decades
New research from the Autonomy Institute has warned that while UK inflation unexpectedly hit 3.6% in June, worse is yet to come
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NewsCadbury insists Bournville recipe has ‘not changed’ in new-look launch
Cadbury’s ingredient list update coincides with a ‘modernised’ overhaul of the Bournville brand
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NewsLindt & Sprüngli raises outlook as premium chocolate sales hold up
The sales boost came despite the company pushing through some steep price hikes due to high cocoa prices
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NewsLidl hits record high market share as momentum continues
Lidl now holds 8.3% of the British grocery market, according to Worldpanel’s latest figures, up 0.5% over the past 12 weeks
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NewsInflation surge hits spending power for two in five households
Two in five UK households experienced declining spending power last month as inflation reached its highest level in 18 months
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NewsFood price inflation set to hit 5% summer peak, outstripping energy cost concerns
A new report from IGD puts the average rate of food inflation forecast for this year at 4%, up from its previous forecast of 3.3%
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NewsSurprise jump for UK inflation as food prices continue ‘concerning’ rise
Food prices have climbed for the third month in a row, reaching their highest level for more than a year
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NewsInflation on supermarket shelves drives surge in UK food sales
Soaring prices in supermarkets has fuelled a jump in UK food sales in the past month, as volumes in store remained under “sustained pressure” and consumer confidence continued to drop
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NewsLavazza warns EDR will be ‘very tough’ for coffee producers
The Italian coffee giant’s chairman Guiseppe Lavazza said the European Deforestation Regulation would lead to tight supply and price hikes