Food Prices: latest news, insights and analysis | ESM Magazine

Kroger Beats Profit Estimates On Easing Costs, Steady Grocery Demand

Supermarket chain Kroger topped Wall Street estimates for first-quarter profit and same-store sales on Thursday, helped by steady demand for groceries and...

How France Secured A Fall In Food Prices

French Finance Minister Bruno Le Maire said last week he had secured a pledge from 75 top food companies to cut prices on hundreds of products next month t...

Spain Won't Reinstate VAT On Basic Foods Until Price Rises Ease Says Minister

Spain will not reinstate the value-added tax (VAT) on essential food until price levels are "more appropriate," economy minister Nadia Calvino sa...

France Strong-Arms Big Food Firms Into Cutting Prices

Top food companies in France including Unilever have pledged to cut prices on hundreds of products from next month, Finance Minister Bruno Le Maire said on...

Campbell Soup's Price Hikes Drive Quarterly Profit Beat

Campbell Soup beat Wall Street estimates for third-quarter profit on Wednesday as the maker of Pepperidge Farm cookies benefited from several quarters wort...

French Cut Spending As Supermarket Prices Soar

France prides itself on taking its food seriously, but many consumers are now tightening their belts or skimping on quality, hit by a record inflation rate...

IGD Predicts UK Food Inflation Is 'About To Peak'

New data from the Office of National Statistics (ONS) shows that UK food and drink prices were 19.0% higher year-on-year in April 2023.

UK Finance Minister To Meet Food Manufacturers To Discuss High Prices

British Finance Minister Jeremy Hunt plans to raise concerns about the surge in food prices and discuss ways to ease the strain on families when he meets f...