Unilever reports strong H1 results and nutrition sales grow 10.4%
Unilever has released its results for the first half of 2023, reporting that its underlying sales growth has been “particularly strong.”
Global sugar prices will continue to increase, latest research finds
According to research firm The Smart Cube, sugar prices have risen by 41.9% from June 2022 to June 2023, and it appears they will continue to rise.
Chancellor and Bank of England plan to review profits in the food industry to mitigate inflationary pressures
Chancellor Jeremy Hunt and the Bank of England are reported to be looking at profit margins in the food industry supply chain.
Savvy shoppers left with egg on face as prices reach record highs
Cost-conscious consumers are unintentionally pushing egg prices up to record highs as they trade down from premium protein products.
Lowest grocery price inflation “isn’t something to celebrate”, says Kantar
Kantar’s latest data shows grocery price inflation is the lowest it’s been since 2022, but it’s still the sixth highest monthly figure since 2008.
