All Inflation articles – Page 40
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NewsCity snapshot: Food price inflation hits new record high of 11.6%
Food price inflation has soared to its highest level on record, according to the month BRC-Nielsen IQ Shop Price Index
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NewsWelsh government bodies respond to rise in food poverty
As the cost of living crisis mounts, the Welsh government has grown increasingly concerned about food poverty
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NewsPoundland to offer frozen and chilled food in nearly all UK stores within a year
Poundland said its ‘ambition is to bring more value to more places as an alternative to supermarkets’
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NewsWilko raises entry-level pay for store and logistics staff
The privately-owned homes and garden retailer is also introducing a temporary further 50p-an-hour hike for logistics staff, lasting until the end of March 2023
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NewsAldi set to reclaim highest-paying supermarket title from Lidl
Lidl and Aldi have been swapping places as the highest-paying supermarket based on store worker starting rates this year
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NewsFree-range egg farmers losing £300,000 per flock as inflation crisis deepens
The British Free Range Egg Producers Association has said that the only solution to the rising production costs is an increase in farmgate prices
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Grocer 33Inflation reaches highest level yet – hitting 13.5%
Overall annual grocery price inflation hit 13.5%, topping the 13.3% recorded two weeks ago
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NewsFood price crisis plunges millions into hunger for first time
A survey of 9,500 charities found 90% had seen a rise in demand for their services, with almost 30% seeing it double
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NewsPurearth collapses following cash squeeze as pressure intensifies on SMEs
The business, which sold a wide range of organic health drinks, appointed insolvency firm Begbies Traynor on 20 October 2022 following a meeting of creditors last week
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NewsAsda’s meat-free nudge trial sees decline in sales to cash-strapped shoppers
Asda said it was determined to ramp up its meat-free range and would learn from the trial
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NewsPotential FSA vet and meat inspector strike set to further pressurise festive supplies
Hundreds of inspectors, vets and office-based staff in England, Wales and Northern Ireland are involved in a dispute with the FSA over pay
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Analysis & FeaturesWatch: A cost of living survival guide for shops, shoppers and suppliers
The Grocer’s managing editor Emma Weinbren hosts this discussion on the origins of the cost of living crisis and what it means for the fmcg sector going forward
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NewsAdjudicator set for showdown talks with supermarkets over delays to payments
The latest intervention comes after the adjudicator published a set of “golden rules” in January which were voluntarily taken up by all supermarkets
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NewsCity snapshot: Virgin Wines expects revenue resilience as under-pressure consumers ditch the pub
Virgin Wines is confident drinkers will ditch pubs and restaurants in favour of socialising at home as household spending is squeezed harder. Plus, Parsley Box considers AIM delisting and Heineken and Reckitt Benckiser issue Q3 results.
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NewsPrice of cheapest groceries soars 17% in a year
The data showed that low-cost everyday grocery items have become more expensive at a greater rate than the overall rate of inflation for food and drink
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Comment & OpinionTo communicate grocery price rises, honesty is the best policy
Retailers have to be open about price increases and offer credible explanations, says Heiner Evanschitzky, professor and chair of marketing at Alliance Manchester Business School
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NewsFood producer profit warnings hit 21-year high as costs spiral
Profits warnings have spiked at UK-listed firms amid soaring input cost inflation, with pressure on food producers’ bottom lines the most severe for more than 20 years.
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NewsPrinces survey shows shoppers planning to buy more canned goods
Those planning to buy more canned goods cited lower prices and longer shelf lives as key motivations for doing so, found a survey of over 1,000 consumers by Princes
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NewsFood safety watchdog warns Brits ‘taking food risks’ due to money pressures
Four in 10 people said they were worried about being able to afford food in the next month
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NewsFarming input costs jump nearly 35% in a year as inflation soars
AF CEO David Horton-Fawkes described the findings as an ‘existential threat to many farmers’