Shoppers’ needs and expectations are evolving, and so are retailers as the market becomes more competitive. Here are some common challenges that category managers will face, with tips on how to meet them. 1. Retailer engagement: Get time with the retailer A necessity during Covid-19, ongoing virtual contact is here to stay and although there are benefits around time management and shorter m...

ONS has released its latest inflation data up to May 2022. This is the highest year-on-year inflation level for 40 years, recording 9.1% on the CPI index and 7.9% on the CPIH index. The older RPI measure of inflation reached 11.7% up from 11.1% to February 2022. Inflation has stayed relatively level when compared to April, up only 0.1% on the CPI measure. This is principally because th...

Your overview of economic and policy news with a focus on the food and consumer goods industry. Featuring the latest developments and guidance on the Ukraine crisis, the rising cost of living, labour shortages, COVID-19 and adapting to a new relationship with the EU. Accelerating food inflation UK inflation has reached its highest level in 40 years, reaching 9.1% on the CPI measure an...

Watch this short video from IGD Chief Economist James Walton in which James looks at the latest ONS data, covering May 2022, which puts inflation at a 40-year high, and the forecast for food price inflation. More economic news and analysis Explore Sign up to our bulletin Our round-up of the latest economic and political news, focused on FMCGs Sign up ...

Join us at QSR Conference & Awards on 28 June, London The Waldorf Hilton, London, 9:00AM James Walton, chief economist at IGD, will give his helicopter view of the unprecedented economic landscape and the sobering pressures it’s creating at each touchpoint in the supply chain. James Walton Chief Economist, IGD Yet, challenges create change and as consumers adapt their lifestyle...

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...

Have you recently made a move into a new role or company? Or perhaps you’re taking on new responsibilities which mean building relationships with different people? Get off to the best possible start by watching this video that will open your eyes to the benefits of being unapologetically you at work! In this interactive webinar recording, you will: Explore why being your true self a...

What do you need to know about the new Government Food Strategy? The Department for Environment, Food and Rural Affairs recently released the Government Food Strategy 1 as a response to the independent review undertaken by Henry Dimbleby and team. Below are some of the key health takeaways. The strategy does highlight the “growing problem of obesity” with the noting of the £6.1 billion o...

The ONS has revealed that real pay levels over April fell due to the impact of rising inflation. The average weekly wage is rising, total pay (including bonuses) is up 6.8% and regular pay is up 4.2% over the year to April 2022. Adjusting for the impact of CPI inflation, workers have seen a growth in total pay (including bonuses) of 0.4%, while regular pay fell by 2.2% Cl...

Your overview of economic and policy news with a focus on the food and consumer goods industry, featuring the latest developments and guidance on the Ukraine crisis, the rising cost of living, labour shortages, COVID-19 and adapting to a new relationship with the EU. Food inflation to rise sharply Food inflation is likely to reach 15% this summer, rising on average around 11% over 2022,...