ONS Reveals Rising Chocolate Prices Boosting Inflation
The Office for National Statistics (ONS) has released significant inflation data for May 2025, highlighting a 4.4% increase in food inflation compared to the previous...
Tag : inflation
NFU Director General Announces Departure After a Decade of Service
Terry Jones will depart his role as NFU director general in April 2026, marking exactly 10 years since he assumed the position. Before joining the...
Prince’s Owner Set to Acquire Diageo’s Italian Operations
The Italian food company is poised to rebrand itself as NewPrinces following its significant £700 million acquisition of Princes last year. On May 13, it...
Valeo Finalizes Acquisition of I.D.C. Holding
Initially announced in September 2024, the acquisition of I.D.C. Holding is now complete. This strategic move will allow Valeo Foods Group to expand its footprint...
ITC Foods Expects Growth in Dairy and Beverage Segment Despite Inflation
ITC Foods anticipates a prosperous future for its dairy and beverage divisions, despite the challenges posed by inflation. The company remains optimistic, forecasting growth driven...
Carrefour ceases sale of PepsiCo products due to price hikes
Starting Thursday, supermarket stores have implemented the message: “We no longer sell this brand because of the unacceptable prices.” This message also appears online, with...
Inflation in Grocery Prices Continued to Ease in September
Take-home grocery sales over the same period increased by 9.1% compared to last year. According to Tom Steel, strategic insight director at Kantar, grocery price...
Analysts provide insights on the latest CPI inflation data
On a monthly basis, the Consumer Price Index (CPI) recorded a rise of 0.3% in August 2023, compared to a rise of 0.5% in August...
Over-Year Lowest Level of Grocery Price Inflation Recorded
The take-home sales from the grocers have experienced a 7.4% rise compared to the same period in 2022. This marks a slight increase from the...
Research Reveals the Top 10 Food Items and Categories Severely Affected by Inflation
The study examined the average cost of 150 essential food items throughout the previous year. Of particular concern is the significant increase in the price...