Watch James Walton discuss the latest inflation results, showing that inflation in June hit a 40-year high. For further economic and policy insight read IGD’s latest Viewpoint report, which highlights the outlook for the UK economy, the impact of declining household incomes plus the ever-changing policy landscape. Watch our accompanying Viewpoint webinar to find out more. ...

There’s no doubt that in recent times, we’ve experienced big changes in the ways we interact with our colleagues and customers, and you’ve probably experienced difficulties in navigating between old and new ways of working, It’s time to re-imagine hybrid working! Watch the video for key insights and practical strategies that will enable you to find your balance and thrive in the workplace now....

ONS has released its latest inflation data up to June 2022. This shows the highest year-on-year inflation level for 40 years, recording 9.4% on the CPI index and 8.2% on the CPIH index. The older RPI measure of inflation reached 11.8% up from 11.7% in May. Inflation has increased a reasonable amount over June, up 0.3 percentage points on the CPI measure. This is principally due to the ...

New ONS data on the UK labour market shows an unusual combination of structural challenges and impressive resilience. On the positive side, demand for labour is still high, despite a deteriorating economic situation. Unemployment was very low in April at 3.8% and redundancies were also low. The number of unfilled vacancies is remained at record levels and businesses in many industri...

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 rising cost of living, the Ukraine crisis, labour shortages, COVID-19 and adapting to a new relationship with the EU. UK economy facing recession IGD expects a recession to materialise in the short to medium term as the cost of living ...

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. Economic woes worsen (fast) Understand our latest views on the outlook for the UK economy, the likelihood of a recess...

Provisional data from ONS shows that economic output in the UK rose by 0.5% between April and May 2022. This was surprising, given poor performance earlier in the year and the weakening financial position of many households. Production and construction did quite well, but services showed the fastest growth. Within services, much of the growth impetus came from health and social care...

New GDP data is surprisingly positive, but does good topline data disguise a worsening consumer position? Watch this short video from IGD Chief Economist James Walton. 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 .EconNews { background: #fa46...

IGD’s CEO, Susan Barratt, contributes to the BRC’s Retail Sales Monitor, providing insight on UK food and drink sales. Food and drink sales fluctuated week by week in June, and with volume sales down and value sales up, we can clearly see inflation coming through. However, the overall downward sales trend for volumes means the outlook continues to be challenging, although good weather mi...

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...