All Inflation articles – Page 58
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NewsCity Snapshot: Heineken fails to scare off drinkers as sales and profits soar despite higher prices
Sales and profits at Heineken have grown in the high double digits as consumers drank more beer despite prices rising. Plus, a Q1 update from Cranswick and the latest investment from Agronomics.
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NewsGlobal giants raise growth targets as prices keep rising
Unilever, Danone, Reckitt Benckiser and Nestlé were among those to report higher-than-expected quarterly sales figures this week
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NewsP&G warns of $3.3bn hit in year ahead from rising costs as price hikes help sales growth
Price rises pushed through by Procter & Gamble have helped increase sales at the US consumer products group, but it warned of another year of “significant” headwinds ahead.
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NewsMaltesers sharing packs shrunk as owner Mars cracks down on costs
Its 189g Maltesers packs have been swapped for 175g packs
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Grocer 33Asda is cheapest as all retailers are hit by inflation
The continuing trend across the Grocer 33 is a significant increase in the price consumers are forking out for their groceries
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Comment & OpinionHow brands are faring against private label in the cost of living crisis
Inflation is higher on private label than on brands, says Kieran South, senior vice-president of IRI
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NewsIceland’s ‘weekly shop in one click’ rises from £40 to £60 while growing from 30 to 40 products
The average price per item has risen by 12.8%, from £1.33 to £1.50
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NewsFWD urges incoming PM to tackle inflation and support food distributors
In a letter to Rishi Sunak and Liz Truss, the FWD said its members had been disproportionately affected by the pandemic, labour shortages and the Ukraine war
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NewsUK cherry growers fear price undercut despite bumper crop
Bumper UK cherry crop may go to waste as earlier harvest in Europe undercuts UK supply
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Analysis & FeaturesWhat can the Ukraine grain export deal achieve after missile strike?
Is deal to restart exports already derailed after Russian attack?
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NewsAHDB forecasts even tougher times ahead for livestock farmers
Producers will continue to feel the effects of rising energy and input costs
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NewsTea getting steeper as big brands see price increases across the mults
The price of Twinings, Pukka and Tetley teas is creeping up
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NewsKraft Heinz pushes through price increases to manage inflation
The US group pushed up prices more than 12 percentage points in its second quarter, which helped sales beat Wall Street expectations.
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NewsVimto maker Nichols with ‘encouraging’ growth despite inflationary pressures
The boss of Nichols has hailed the drinks group’s first-half performance in the face of challenging inflationary headwinds, with Vimto making further market share gains and the out-of-home channel moving back above pre-Covid levels for the first time.
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NewsCooling costs for cereals growers on rise after heatwave makes grain too hot to store
The NFU has warned that cereal growers are having to spend more on cooling costs as temperatures rise adding to soaring input costs
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NewsFood price inflation accelerates to 13-year high
Food prices have hit a 13-year high as spiralling production costs piled more pressure on the grocery sector, according to the latest industry data.
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NewsCity Snapshot: Danone and Reckitt Benckiser beat expectations thanks to price rises
Reckitt Benckiser and Danone have continued the trend of stronger-than-expected sales growth from big consumer groups fuelled by hefty price rises. Plus, trading updates from Haleon and Parsely Box, Q2 numbers from Mondelez, first-half results from British American Tobacco and Nichols, Q1 figures from Rémy Cointreau, and the latest shop price index from BRC and Nielsen.
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NewsNisa CEO promises overhaul of cost structure in bid to boost retailer appeal
Michael Fletcher committed to reviewing the key distribution contact with DHL, Nisa’s office function, retailer rebates and the price of Co-op own brand
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NewsCoca-Cola sales fizz higher as prices rise
Coca-Cola has outperformed expectations and raised its full-year forecast as demand for its portfolio of drinks held up in the face of rising prices.
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Comment & OpinionScrapping the Groceries Code Adjudicator? A terrible idea
A transfer of responsibilities to the CMA won’t save costs, won’t be more efficient, and will be less effective, says Ged Futter, director of The Retail Mind