As per the latest research report by NielsenIQ, FMCG product prices went up by 6.9% year-on-year across Europe in April 2022.The report also revealed a 7.5% year-on-year increase in the UK by 24 April 2022. During a period of 12 weeks in April, more than eight out of ten FMCG categories indicated increasing inflation rates across 32 European markets. The survey found the top three most-affected categories from the grocery section, including perishable food (+8.8%), shelf-stable food (+8.7%) and pet food (+8.6%). Inflation seems to be growing quickly, with Turkey (+69%) and Ukraine (+22%) staying on top in 2022, compared with the same period in 2021.
Global News and Digital
Insights for the Food and Grocery Industry
Menu
