Food Inflation

Carrefour Raises Dividend After 2023 Profit Jumps

Carrefour reported a record cash flow of €1.62 billion for 2023 on Tuesday, adding that it is confident about the coming year.

UK Supermarkets Maintain Growth In January - NIQ

Continued growth has been seen in the UK supermarket sector, with 6.6% growth in the four weeks ending 27th January 2024, new data from NIQ has revealed.

Marks And Spencer UK Makes Strong Start In 2024

Marks and Spencer’s food retail business has built on a strong 2023 in the early weeks of the new year, new data from NIQ has shown.

UK Grocery Price Inflation Falls At Slower Rate Than Expected – Kantar

British grocery price inflation has declined at a slower rate in January than expected, data from Kantar has shown.

Freight Through Suez Canal Down 45% Since Houthi Attacks

Freight going through the Suez Canal has dropped by 45% in the two months since attacks by Yemen's Houthis led shipping groups to divert freight.

Lower Inflation Lifts UK Consumer Sentiment To A Two-Year High

British consumers are their most confident since January 2022 as lower inflation helped them to feel better about their finances, a survey has revealed.

UK Food Prices To Keep Rising Through 2024 Industry Researcher Warns

British food and drink prices will continue to rise in 2024, contributing to an extended cost-of-living crisis, a prominent grocery industry researcher sai...

UK Consumer Spending Slows In July, Survey Finds

British retailers logged their slowest sales growth in 11 months in July, thanks to rainy weather and high inflation.

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Nestlé Increases Local Sourcing In South Africa With New Processing Plant

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