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.
Competition from limited assortment discounters (LADs) continues to cause problems for the food and drink manufacturers and their supermarket customers, according to our exclusive annual Food Manufacture survey.
Sausage skin manufacturer Devro reported strong demand for its collagen sausage castings, which were offset by rising costs and adverse currency factors, according to its latest interim management statement covering the period from July 1 to October 22.
Here's a riddle for you: Your raw material costs are going up rapidly. Your customers are by nature very price sensitive. Increasing your prices with...