All Inflation articles – Page 7
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News
Fmcg profit warnings slow sharply in Q3
Profit warnings at retailers and suppliers have slowed significantly ahead of the golden quarter, according to the latest research
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News
HFSS promotion ban faces first rigorous test as IGD commissions landmark report
The moves comes a year on from the introduction of the government’s ban on promotions in prominent store locations, such as aisle ends
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News
Crowdfunding appeal launched to fund legal challenge on mandatory food waste reporting backtrack
The move by the campaign group Feedback comes after its lawyers Leigh Day filed an application for the review on Friday
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News
Agricultural inflation falls by up to 58% in some inputs
The average input cost reduction was 4.7% to 30 September 2023 compared to the previous year
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Comment and Opinion
Shrinkflation 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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News
Waitrose 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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News
City 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 and Features
Why 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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News
John 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 Tracker
Christmas 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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News
Coca-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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News
King 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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News
Sugar 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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News
Blue 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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News
City 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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News
Birds 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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News
Farmers 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 Tracker
Frozen 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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News
Avara 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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News
Samworth 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