As reported in Supply Management recently, UK wholesale food prices increased 2.9% year-on-year in January, driven up by rocketing vegetable costs.
We all saw recently in the media the problems caused by inclement weather in Italy and Spain. Interestingly though for the UK market in particular, domestic production will soon increase and soften the impact of higher import prices. ERA is working actively with many clients in the UK on Food and Food related projects and we see the effects of potentially damaging challenges at first hand.
A little shelter from the storm for the UK perhaps.
Expense Reduction Analysts experts (Category and otherwise) look to the long term in order to deliver sustainable benefit for our clients. Being aware of market changes, and the effects of those changes is critical to our process.
If you’d like to find out more about how we might be able to help, please contact us.
Article by David Brassington