Article list

25 April 2022
Delivering sustainable packaging systems is a critical industry issue. Collectively, we are working on solutions to meet a shared ambition - to halve the environmental impact of all packaging systems by 2030 - and accelerate our industry’s progress towards Net Zero. Reducing the need for single-use packaging through reusables is a vital part of the solution. In this webinar recording, we...
21 April 2022
In its latest World Economic Outlook report, IMF has downgraded its global GDP growth projection for 2022 by 0.8% to 3.6%. The projection for 2023 has also been reduced, slightly. Inflation and the global recovery Since the January edition, the war in Ukraine has had a dramatic effect on the global economy, causing energy price shocks and food price rises. Some countries have also i...
21 April 2022
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. The Ukraine Crisis – Supply implications The conflict in Ukraine continues to cause widespread availability and prici...
21 April 2022
In the increasingly volatile external environment, there are more pressures than ever on our customers and indeed, our own commercial teams. Our business strategy needs to be agile to be able to quickly adapt during this constantly evolving period of uncertainty. IGD’s extensive network of contacts are telling us that there are several key factors driving change for commercial teams: Fir...
21 April 2022
If your commercial teams are finding it increasingly difficult to build strategic plans with your key customers, you’re not alone. There has been a lot of volatility in the market in over the past two years, and in the current Socio-Economic Climate, with Inflation, the ongoing conflict in Ukraine and impending HFSS legislation to name but three, it is harder than ever to identify where to win...
14 April 2022
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. Inflation reaches a new high UK inflation has reached its highest level in 30 years, recording 7% on the CPI measur...
13 April 2022
The UK labour market continued on its previous trajectory over February 2022 with unemployment falling and vacancies rising. Oddly, however, there continues to be a fall in “real” wages for many workers. The latest information from the ONS shows the unemployment rate continuing to trend down, decreasing by 0.1% over the quarter to 3.8%. Click chart to enlarge Job vacancies...
13 April 2022
ONS has released its latest inflation data up to March 2022. Overall, this is the highest year-on-year inflation level for 30 years, recording 7.0% on the CPI index and 6.2% on the CPIH index. The older RPI measure inflation reached 9.0% up from 8.2% to February 2022. Inflationary pressure continues to be broad-based with most sectors showing price increases. As shown in Figure 1, p...
13 April 2022
Availability issues Operational labour and HGV driver shortages continue to disrupt food supply chains. Food and consumer goods businesses have been hit hard by recruitment and retention challenges. This is resulting in lower order fulfilment levels than normal, meaning there is an impact on availability of some food and groceries. The government has committed to a package of support ...
13 April 2022
The ONS has released its latest monthly GDP estimate , raising concerns for policymakers. UK economic output slowed to +0.1% in February, down from +0.8% in January. The UK economy is now 1.5% larger than its pre-pandemic level. The leading contributor to growth over February was the services sector, up 0.2%, boosted by tourism-related industries and consumer-facing services. Thes...