Consumers face rising food bills as costs mount
By Dean Best | 16 August 2007
Food producers are facing rising raw material costs, particularly for dairy ingredients and wheat, making food price inflation almost inevitable. But, writes Dean Best, in the midst of a continuing price war, supermarket retailers will only pass on cost increases to customers as a last resort, making a further squeeze on supplier margins also extremely likely.
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Food producers are facing rising raw material costs, particularly for dairy ingredients and wheat, making food price inflation almost inevitable. But, writes Dean Best, in the midst of a continuing price war, supermarket retailers will only pass on cost increases to customers as a last resort, making a further squeeze on supplier margins also extremely likely.
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