Sugar prices rise by 56% on the year
The Food and Drink Federation has updated its food and drink inflation forecast, predicting that it could hit 5.7% by December.
Food manufacturers reduce salt, sugar and calories in UK products
Data from Kantar Worldpanel has shown the result of years of investment made by food and drink manufacturers to slash salt, sugar and calories from British diets.
ABF reports sugar profitability “below expectations”
ABF has provided a trading update for the first half of the financial year, reporting that profits from its sugar category were below its expectations.
Confectionary prices rise while butter costs fall
Kantar has released its latest grocery figures, reporting price rises in confectionary as grocery inflation sits at 3.1%.
Associated British Foods reports “strong performance” in “tough” market conditions
International food and retail group Associated British Foods plc (ABF) has released its 2023 annual financial results for the 52 weeks ended 16th September 2023.
El Niño to disrupt global sugar and oil prices – The Smart Cube
The Smart Cube warns that the disruption causing “unprecedented” food inflation levels is far from over as sugar and oil prices are expected to rise.
