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UK food price inflation reaches record 16.7% in the four-week period ending Jan. 22, with prices rising fastest in markets such as milk, eggs and dog food, according to Kantar data

Cowen: Inflation sending alcohol consumers toward cheaper beer at expense of craft brews and imports, which saw weakest growth in years; meanwhile, richer consumers seek more premium-level wine, bourbon and spirits, benefiting companies like Brown-Forman

Morningstar maintains Colgate-Palmolive's US$74 fair value estimate and long-term outlook of nearly 4% annual sales growth, which encompasses expectations that inflation and supply chain hiccups could serve as headwinds over next few quarters

Goldman Sachs: Inflation surprises likely to drive financial market swings for foreseeable future; three ways to predict them include looking for commodity price changes, checking currency movements, looking to nations that post inflation figures earliest

Wepa CEO Martin Krengel notes increased sales amid pandemic are 'purely inflationary effect' as company has lifted prices to mitigate costs; Wepa has approved bonuses for workers to mitigate increased consumer prices, spread over 24 months

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