Press releases and blogs

08 November 2022
A new forecast by grocery insight provider IGD suggests that the rate of food price inflation will peak at 17-19% in early 2023, then begin to slow over the next 12 months Food price inflation will be very broad, but most pressure on household budgets will come from meat, fruit and vegetables, dairy and bread (London, Tuesday 8th November 2022) : The rise in the cost of food and drink...
06 October 2022
The UK economy is currently seeing slow productivity growth, which is creating problems for both businesses and government and could threaten national prosperity. IGD’s latest Viewpoint report : Three productivity gaps for UK food and drink reveals a number of productivity ‘gaps’ facing the supply chain. The report also discusses how these challenges might be addressed, what the commercia...
04 October 2022
Following on from Cold Chain Live! 2022 in Birmingham, IGD CEO Susan Barratt examines how to make the cold chain work for shoppers. Food and grocery supply chains have experienced a torrid time; hit by our exit from the EU, the pandemic, labour shortages and exceptional weather conditions. Therefore, it’s no surprise that supply chain performance is spluttering, with ShopperVista research r...
28 September 2022
UK & ROI CEO of Tesco on board to help IGD drive tangible progress for society, business and the individual. Jason Tarry, UK & ROI Chief Executive Officer of Tesco PLC, has been appointed President of IGD by its Board of Trustees. Already an active member of IGD’s Policy Issues Council, Jason will take on the Presidency from Patrick Coveney on 01 January 2023. Jason has been UK & ROI CEO of...
23 September 2022
This National Inclusion Week, IGD’s Commercial & Insight Director, Nick Downing shares his experience of taking part in IGD’s reverse mentoring programme, and how it’s helped him better understand colleagues from less diverse backgrounds I want to learn, I think it’s important to keep learning wherever you are in your career. I recognise that I have some inclusion and diversity ‘blindspots’ an...
02 August 2022
The UK food-to-go market is predicted to be worth £23.4bn by 2027, 26% more than pre-pandemic levels, according to the new forecast from insight provider IGD. While inflation is set to be the main driver of growth, operators and retailers have an opportunity to support consumers through the cost of living crisis as they look to save money. By 2027 the market will be worth £23.4bn, 26% more th...
11 July 2022
Shopper confidence has dropped once again, following a mild lift over the last couple of months, according to the latest Shopper Confidence Index from IGD . June saw shopper confidence drop 3 points to -24, lower than the previous lowest point of -23 in March 2022, reflecting increasing pessimism amongst shoppers this month. As saving money continues to takes priority, shoppers are placing le...
20 June 2022
Cost-of-living crisis replaces covid as key challenge to sector The UK grocery market is set to grow by 11.3% – from £216.8bn to £241.3bn – between 2022 and 2027, according to highly anticipated new figures from insight provider IGD. While inflation will underpin the majority of growth in 2022, with a 3.5% value increase predicted, this will moderate from 2023 onwards. With the war in Ukrai...
16 June 2022
Food inflation likely to reach 15% this summer hitting most vulnerable households hardest Monthly food bills are set to rise by another £43 per month for a typical family of four. Food inflation is set to hit its highest level in more than 20 years. (London, Thursday 16th June 2022): The rise in the cost of essential food items is likely to reach a peak of up to 15% this summer and ...
14 June 2022
Following the publication of the Government Food Strategy, IGD, the organisation that delivers positive social impact in partnership with the food and consumer goods industry, has outlined its support for the ambition to create a more transparent food system and the need for more consistent data. This will enable businesses to make better decisions and inform consumers’ choices. Susan Barratt...