AGP Executive Report
Last update: 10 hours agoFood inflation watch: The UK’s food and non-alcoholic drink inflation held steady at 1.3% in August, but industry groups warn the calm won’t last as energy, ingredient, packaging and logistics costs keep building toward shelf-price pressure. Forecasts for 2027: The Institute of Grocery Distribution says food inflation could jump to 5.6%–6.6% in 2027, with El Niño and Middle East disruption among the biggest risks. Regulatory shake-up (UK): The Competition and Markets Authority has launched a merger inquiry into McCormick’s planned acquisition of most of Unilever’s food business, flagging potential competition concerns. Deal in Asian condiments: China’s Haitan has bought Amoy Food from Trustar Capital, aiming to integrate distribution and supply chains for growth. New manufacturing (India): PepsiCo India opened an $81.5M potato-focused plant in Assam, targeting 70,000 tons of sourcing by 2030 and creating jobs plus farmer benefits. Food supply planning (Mongolia): Ulaanbaatar approved financing for reserve meat procurement—15,000–20,000 tons—for spring 2027 to stabilize availability and curb seasonal price spikes. On-the-ground food business: A Kottayam family alleges catering fraud after paying ₹1.5 lakh but receiving no food on wedding day, while a US restaurant in Champaign plans to reopen after getting a new health permit.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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