US trade has “significant impact” on 2025 trade outlook
According to the latest Trade Snapshot from the Food and Drink Federation, food export volumes were up 7.2% in the first half of 2025.
Food inflation rises to 5.1%
The Office for National Statistics has published the latest consumer price inflation rates, finding that the 12-month inflation rate for food had risen.
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.
Government policy decisions lower food manufacturer confidence
The Food and Drink Federation has published its latest State of Industry report, finding that confidence among food manufacturers remains “concerningly low”.
Inflation increases to 3.6% as shopping basket prices rise
ONS has reported that UK inflation hit 3.6% in the year to June, with prices rising across the cake, bread and cereals categories.
