Why food bills aren’t shrinking – five things to know
Prices in the shops remain much higher than a year ago, despite falls in energy and food costs. …
Profit margins on some items – particularly processed food and drinks – are bigger. Unilever, which makes Magnum ice creams, or Premier Foods, the maker of Mr Kipling cakes, may make 15p for each £1 of sales to retailers. As analysts say, the bigger the sin, the bigger the win.
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