All Costs articles – Page 12
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NewsFood inflation requires 'evolution of product mix and pricing'
Food inflation, expected to accelerate to 3.3% by the end of the year, will require an evolution of product mix and pricing if retailers are to thrive, new research shows.
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NewsInflation exceeds Bank of England's 2% target
Inflation measured by the Office for National Statistics’ Consumer Prices Index surged from 1.8% in January to 2.3% last month – above the Bank of England’s 2% target.
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More than 60% faced with higher grocery bills amid food inflation
More than six in 10 consumers (62%) say the price of their average weekly food shop has increased in the past six months, with two-thirds expecting further price hikes over the next half year, according to new research.
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Inflation rises to 1.8% as consumers feel the pinch
Inflation rose by 1.8% in January to its highest rate since June 2014, while 74% of consumers noticed a rise in prices, latest figures reveal.
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Food prices fell in January but inflation set to return
Food prices fell by 0.8% in January but inflation will return during 2017, according to the British Retail Consortium and analysts Nielsen.
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NewsGrocery market returns to inflation for first time since 2014
The grocery market has returned to inflation for the first time since 2014 during a Christmas trading period that saw shoppers splash out almost £0.5bn extra into food and drink to boost total sales by 1.8%, the latest snapshot from Kantar Worldpanel shows.
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NewsRetail sales grow in October despite inflationary pressures
Retail sales across the UK defied economic and Brexit concerns in October by recording the strongest monthly growth since January, rising by 1.7% year-on-year according to latest figures from the British Retail Consortium (BRC).
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NewsSupermarket bosses raise concerns over inflation
Tesco and Sainsbury’s leaders have issued a stark warning over the rising costs of inflation, warning over the possible impact on the industry and consumers.
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Supermarket price war pushes inflation to record low
UK annual inflation fell to a record low in January on the back of falling food and motor oil prices, according to the Office for National Statistics (ONS).
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Food inflation remains at lowest recorded level in August
Food inflation in August remained at the lowest level ever recorded, according to a new report.
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NewsGovernment calls for above inflation minimum wage rise
Retailers may be faced with growing minimum wage costs as the government calls for above inflation increases.
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NewsBudget 2012: Tobacco duty to rise 5% above inflation
Chancellor George Osborne has announced a 5% rise in tobacco duty above inflation, in a Budget described as “devastating” to small shops.
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Most shoppers expect higher food inflation
Most shoppers are expecting food prices to rise and many are seeking lowest-priced own labels to deal with this, according to IGD’s latest research.