All Inflation articles – Page 4
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KVI Tracker
Cadbury Dairy Milk prices rise due to cocoa costing ‘far more’
The base price of its 110g chocolate bar has rocketed by as much as 12% in the past month
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News
City snapshot: Lindt warns of further price hikes as cost of cocoa remains at record heights
Lindt & Sprüngli Group has achieved “robust” sales and profits growth in a “successful” first half of 2024, but the Swiss chocolatier warned of ongoing challenges caused by record high cocoa prices. Plus, trading update from Eagle Eye and Compass Group
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News
City snapshot: Pernod Ricard offloads international wine brands to Accolade Wines owner
Pernod Ricard has agreed to sell its portfolio of international wine brands to the owner of Accolade Wines. Plus, food and drink inflation falls again and Meatly receives regulatory clearance to sell cultivated meat for pet food in the UK
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News
Future of Hollybush butter brand secured after sale to Gower View Foods
The sale follows the announcement its owner Evan Rees (Butter) Ltd is to close
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News
Mars Wrigley shrinks Celebrations tubs by 50g ahead of Christmas
The manufacturer confirmed the move after photos of the new smaller tubs were posted online
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News
Coffee prices to soar to new heights, Lavazza warns
Coffee prices are on course to rise further from current record highs as poor harvests, supply chain disruptions and new EU deforestation regulations continue to hammer roasters, Italian group Lavazza warned
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Analysis & Features
Is salmon price-fixing cartel the food sector’s next scandal?
Suppliers could be on the hook for over £1bn in price-fixing probe
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News
UK dairy farms ‘need £4bn investment’ in climate resistance
A new report by Kite Consulting warned large infrastructure investments would be required to meet the challenge of extreme weather and new environmental regulations
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News
Avocado volumes rise 17%, as industry body says ‘room for growth’
It is the fastest rising fruit for volume sales over the past year, according to NIQ data
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KVI Tracker
Prices of weather-vulnerable key foods still up despite drop in inflation
The wet winter is pushing up prices as food costs remain near record high, scientists’ analysis of ONS data shows
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News
City snapshot: UK inflation back at 2% as food prices fall
UK CPI inflation was back to the Bank of England target of 2% in May, as food prices fell back during the month compared to a rapid price rise a year ago
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Analysis & Features
General election: What are the main parties promising on food and farming?
With the manifestos out, part three of our election analysis series examines pledges for a sector that has never been higher up the political agenda
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Comment & Opinion
From inflation to innovation: the tide is turning for fmcg
The fmcg industry can finally get back to what it does best: differentiated innovation that excites consumers, says Warren Ackerman, head of European consumer staples research at Barclays
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News
Welsh dairy company Evan Rees (Butter) on verge of closure
The business behind Hollybush Butter said commodity price inflation meant it was ‘impossible to continue’
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News
Bahlsen removes one biscuit from Choco Leibniz packs
The old 125g packs, which used to contain nine biscuits, have been swapped for 111g alternatives containing eight biscuits
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KVI Tracker
Fearne & Rosie raspberry jam returns as commodity prices ‘stabilise’
The startup paused production of the jam in 2022 after shortages pushed up the price of raspberries
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Comment & Opinion
Food banks are now normalised. This is a failure of state
Emergency charitable food aid feels like it has become entrenched in the UK, says Dan Crossley, executive director at the Food Ethics Council
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KVI Tracker
Egg producers boast of sector growth as confidence increases
After years of unprecedented challenges, the egg sector is feeling more confident and is in growth, producers have reported
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News
Sainsbury’s reduces Tony’s shelf price amid shrinkflation allegations
The previous 47g single-serve bars Sainsbury’s used to sell were replaced by 35g versions
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News
City snapshot: New beginnings for M&S as profits soar
Marks & Spencer has declared the start of a new era as its turnaround plan delivered bumper profits and sales growth. Plus, UK inflation falls to “normal” levels and losses widen at brewer Adnams