“Brand suppliers have contributed to food inflation”, says CMA
The CMA has set out the latest findings and next steps in its ongoing review of the groceries sector.
The CMA has set out the latest findings and next steps in its ongoing review of the groceries sector.
International food and retail group Associated British Foods plc (ABF) has released its 2023 annual financial results for the 52 weeks ended 16th September 2023.
New data from Kantar shows that grocery price inflation has fallen below 10% for the first time since July 2022.
UK retailer Sainsbury’s has released its Interim Results for the 28 weeks to 16th September 2023, reporting its grocery sales were up 10.1% year-on-year.
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.