July 21, 2022
(press release)
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- With food inflation reaching a 13-year high of 9.8%, the FDF's chief executive
Chief Executive of the
“It’s very concerning to see food price inflation hit 9.8% in today’s ONS figures. Food and drink companies are doing everything they can to contain inflation and to limit price rises for hard-pressed households, but the situation is undoubtedly very challenging, with the cost of ingredients and energy still rising and labour shortages biting. “While the inflation the
"Our industry wants to see bold new policies from a new Prime Minister that create the conditions for investment to boost productivity and competitiveness. These include incentivising business investment through rapid reforms to capital allowances, incentivising skills training, reforming burdensome regulation and red tape, and promoting growth in new markets through exports.” Source:
[Category: Consumer Products, Food & Beverages]
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