Oghma 2024 food outlook: pressure on consumers to mount
UK finance advisor Oghma Partners has released its 2024 outlook and considerations for the food and beverage sector.
Grocery inflation falls below 10% for first time since July 2022
New data from Kantar shows that grocery price inflation has fallen below 10% for the first time since July 2022.
Resilience in frozen food sales despite inflationary pressures, says BFFF
Rupert Ashby, chief executive of the British Frozen Food Federation said that the trade body “expects volume to pick up again during the next quarter”, following a recent slump in frozen food sales.
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.
AHDB publishes new levy rate proposals for food sectors
Sector councils at the Agriculture and Horticulture Development Board have published proposals for increasing the trade body’s levy rates from the start of 2024.
