Inflation

‘Get used to higher food prices’: Kraft Heinz boss

11-Oct-2021 By James Ridler

Kraft Heinz chief executive Miguel Patricio has warned people to get used to higher food prices, as rising production costs continue to put pressure on producers.

Price inflation drives up Christmas seafood sales

05-Mar-2018 By James Ridler

Price inflation primarily fuelled seafood sales value growth over Christmas 2017, up 4.4% to £171m compared to the 2016 festive period, according to UK seafood industry body Seafish.

Food inflation continues to rise

07-Feb-2018 By Michelle Perrett

Food inflation in the UK is continuing to spiral, according to several recent reports, with commentators raising concerns about the uncertainty over Brexit, the value of sterling and the continued rise in food prices.

Finsbury’s sales rise in first quarter results

22-Nov-2017 By James Ridler

Speciality cake and bread manufacturer Finsbury Food Group’s sales grew by 4% to £105.5M in the first four months of the 2017/18 financial year.

Manufacturing pay starts to rise, as inflation increases

09-Mar-2017 By Rick Pendrous

Average pay settlements have gone up, while pay freezes have gone down, according to the latest data from EEF, the manufacturers’ organisation.

Manufacturing pay rises scrape ahead of inflation

17-Feb-2017 By James Ridler

Pay increases in the manufacturing sector – including food and drink firms – are slightly ahead of consumer price inflation, revealed EEF, the manufacturer’s organisation.

Courgette shortage costs retailers £2M in January

08-Feb-2017 By Matt Atherton

UK retailers lost £2M in courgette sales last month, after unfavourable growing conditions in Spain meant supermarkets had to restrict UK supplies.

Food inflation set to return in 2017

04-Jan-2017 By Rick Pendrous

Rising food prices can be expected in 2017 – reversing the deflationary trend of recent years – as news emerged from the Office for National Statistics (ONS) that inflation overall in the UK in November had climbed to its highest level in two years.

Interactive Data

Which sector saw highest costs since the Brexit vote?

19-Aug-2016 By Matt Atherton

The cost of manufacturing food and drink products has risen 4.3% over the past 12 months across all sectors, according to latest data from the Office for National Statistics (ONS).

‘Bright’ outlook for frozen food manufacturers

05-Aug-2016 By Matt Atherton

Frozen food manufacturing products are set to rise in popularity, based on consumers’ preference for less waste and higher nutrient value, according to a report from the British Frozen Food Federation (BFFF).

Greencore’s food-to-go strategy ‘is working well’

17-May-2016 By Michael Stones

Greencore’s food-to-go strategy is working well, both at home and in the US, claims ceo Patrick Coveney, as the manufacturer posted half-year group revenue up by 7.5% to £691.6M.

Food deflation persists in UK despite rises elsewhere

12-Apr-2016 By Rick Pendrous

Food deflation remains a persistent feature of the UK economy, despite the latest figures from the Office for National Statistics (ONS) showing headline inflation up 0.5% in March.