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

Discounters Surge As Grocery Price Inflation Hits 17.5% In UK: Kantar

Grocery price inflation in the UK hit 17.5% over the four weeks to 19 March, new data from Kantar has shown, with take-home grocery sales rising by 8.6% ov...

Food Prices Push UK Shop Price Inflation To New High, Says BRC

Soaring food prices pushed annual inflation in British shops to its highest in at least 18 years in March, industry data has shown.

Portugal's Sonae Profit Buoyed By One-Off Gains Despite Retail Margin Squeeze

Sonae, owner of Portugal's largest food retailer, on Thursday reported a 21% jump in fourth-quarter net profit as one-off capital gains more than offset th...

Portugal's Finance Minister Says Cutting VAT On Food Not A Priority

Portugal has no intention of lowering the 6% value-added tax (VAT) levied on basic food products, but will continue to grant direct subsidies to help the m...

France Leans On Retailers To Help Consumers Cope With Food Prices

France's finance minister has urged food retailers to do more to help consumers cope with high prices, as the government leans on them to agree to sell an...

World Food Prices Declined For Tenth Month Running In January, FAO Says

World food prices fell in January for a tenth consecutive month, and are now down some 18% from a record high hit last March following Russia's invasion of...

UK Inflation Edges Down To 10.5% In December, Food Prices Surge

British inflation eased last month after hitting a 41-year high in October, offering some comfort to the Bank of England, but the pressure on households re...

World Food Prices Hit Record High In 2022

A surge in the cost of most food commodities last year, as the disruption caused by Russia's invasion of Ukraine raised concerns of shortages, sent the UN...