All Inflation articles – Page 9
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News
Household shopping budgets rise for eighth month in a row
It marks the highest annual growth rate in over two years (since September 2021), with the average disposable income up to £228 in November 2023
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News
City snapshot: ‘Whopper’ Christmas for supermarkets as Brits spend a record £13.7bn over the festive period
Supermarkets enjoyed the busiest Christmas since before the pandemic as a record £13.7bn passed through their tills over the crucial December trading period, according to data released this morning
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News
Morrisons announces £15m price cuts across 200 products
An average of 20% cuts are being introduced for cupboard essentials and breakfast options, as well as healthier products to fit with new year diets
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News
UK retail workers ‘worse off’ than European peers this Christmas
Nearly half of UK workers had to work more hours in 2023 compared with previous years due to the cost of living crisis
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News
City snapshot: General Mills lowers expectations and warns of slower volume recovery
US consumer packaged goods giant General Mills has downgraded expectations for 2024 as steep price hikes depressed shopper demand.
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News
City snapshot: Food inflation falls to lowest since May 2022
Food price inflation has fallen for the eighth month in a row, helping the UK headline rate to slow by more than expected, according to official data this morning.
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News
Sugar beet growers and British Sugar finally agree supply contract
The two parties had been locked in an increasingly acrimonious negotitation since May
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Comment & Opinion
How consumers shopped food and drink in 2023
Own label and treat categories have been winners of the past year, says Rachel White, NIQ MD UK & Ireland
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Analysis & Features
Face off: Top Products Survey 2023 pits brands vs own-label
It’s no longer a battle of the brands. The bigger battle, after two years of inflation, is between brands and own label. Who’s winning?
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News
Apple growers on a 'knife edge' due to high production costs and low returns
Over the past two years, British apple growers faced a 30% increase in the cost of production and received just an 8% rise in returns from the supermarkets
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News
Berry growers criticise BRC for ‘untrue’ depiction of sector
The BRC’s director of food and sustainability had said issues with returns were down to middlemen preventing pay reaching farmers
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News
Next government should set food production targets, NFU urges
The majority of shoppers backed targets to boost food security, revealed the NFU’s ‘manifesto’ for the next government
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News
Figures reveal scale of food surplus operation over Christmas
Surplus food redistributor Company Shop said it expected to handle a minimum of 12,000 tonnes of food across the festive and new year period
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News
Sugar negotiations in turmoil as growers reject latest British Sugar offer
Negotiations are now headed for arbitration
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News
Wholebake sells Deeside Cereals to Weetabix in turnaround attempt
Snack maker Wholebake has sold its own-label cereal business to Weetabix in a drive to simplify operations as part of a turnaround effort
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KVI Tracker
Pukka tea prices rise at double rate of the wider category
A spokeswoman for Pukka said tea had ‘been undervalued for years’
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News
Valeo Foods urged to 'cease acquisitions and focus on turnaround'
Valeo Foods must focus on turning around its UK snacking business and hold off from acquisitions to avoid any further deterioration in its credit rating, according to Moody’s
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News
Global food commodity prices finally easing in 2024 after three years of turbulence
Rabobank’s 2024 outlook shows many commodities, such as corn and sugar, returning to stability
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News
Veg sales fall to lowest point in 50 years
Campaigners said the results showed the impact of the cost of living crisis was making it even harder for families to afford healthier food
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News
Framptons aims to be leading oat milk supplier after takeover by Swedish investment firm
Contract manufacturer Framptons has secured its future after being taken over by a Swedish investment company