Food Inflation

Mondelēz CEO Says Kennedy Agenda Product Re-Formulations Will Mean Price Hikes

Mondelēz Dirk van de Put said the Oreo maker will face new cost pressures from the Make America Healthy Again movement spearheaded by US health secretary R...

UK Food Inflation Likely To Reach Up To 4.9% In 2025

The cost of essential food items in the UK is likely to rise up to 4.9% next year, according to the Institute of Grocery Distribution (IGD).

Belgium’s Colruyt Reports Decline In Revenue, Operating Profit In First Half

Belgium's Colruyt Group has reported a slight decline in revenue and operating profit in the first half of its financial year.

UK Consumer Spending Slowed Before Last Week's Budget, Retailers Say

British consumer spending grew only modestly last month as uncertainty in the run-up to finance minister Rachel Reeves' 30 October budget and rising e...

The Worst Is Over As Regards Food Inflation, Says AECOC President

The president of AECOC, which represents manufacturers and distributors in Spain, has told a conference that he believes "the worst is over" when...

Optimistic Irish Consumers Prioritise Affordability, Health, Study Finds

Irish consumers are focusing on affordability and health while remaining optimistic about the future, according to the latest edition of the EY Global Cons...

Colruyt Reports Growth In Revenue, Operating Profit In Full Year 2023/24

Belgian retail group Colruyt has reported growth in revenue and operating profit in its financial year 2023/24 amid a challenging and uncertain macroeconom...

UK Supermarket Sales Set For Euro 2024 Fillip, Says NIQ

The return of some warm weather in May helped drive sales growth at British supermarkets and they are set for a boost from the upcoming Euro 2024 soccer ch...