Premier Foods, the company behind brands such as Mr Kipling, Bisto and Angel Delight, is planning to cut prices on more of its products.
It plans to extend price cuts seen at the end of last year to ranges such as Mr Kipling Bakewell slices and Loyd Grossman cooking sauces.
Recent data suggests that food prices are rising less quickly, offering some respite to squeezed household finances.
Recent data suggests that food prices are rising less quickly, offering some respite to squeezed household finances.
Many shoppers have switched to cheaper supermarket own-brand goods in the face of surging food prices over the past year.
Premier supplies both own-brand products for supermarkets and the food ingredients used to make them.
Rising food prices have been a major driver behind the higher cost of living in the UK.
However, according to recent data, food price inflation fell to 8% in December 2023 down from the recent high of 19.2% in March last year.
Although lower food price inflation might ease some of the extra pressure households have been under, it does not necessarily mean that goods will be cheaper – just that prices are not rising as fast.
Premier Foods, the company behind brands such as Mr Kipling, Bisto and Angel Delight, is planning to cut prices on more of its products.
Recent data suggests that food prices are rising less quickly, offering some respite to squeezed household finances.
It plans to extend price cuts seen at the end of last year to ranges such as Mr Kipling Bakewell slices and Loyd Grossman cooking sauces.
Many shoppers have switched to cheaper supermarket own-brand goods in the face of surging food prices over the past year.
Recent data suggests that food prices are rising less quickly, offering some respite to squeezed household finances.
Recent data suggests that food prices are rising less quickly, offering some respite to squeezed household finances.
Many shoppers have switched to cheaper supermarket own-brand goods in the face of surging food prices over the past year.
Premier supplies both own-brand products for supermarkets and the food ingredients used to make them.
Rising food prices have been a major driver behind the higher cost of living in the UK.
However, according to recent data, food price inflation fell to 8% in December 2023 down from the recent high of 19.2% in March last year.
Although lower food price inflation might ease some of the extra pressure households have been under, it does not necessarily mean that goods will be cheaper – just that prices are not rising as fast.
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