CMA finds branded suppliers have ‘raised prices more than their own cost increases’

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The Competition and Markets Authority (CMA) has found that branded suppliers have “raised prices more than their own cost increases” in its updated review of competition in the grocery sector.

The new review looked at competition across the supply chain with a particular focus on branded and own-label food suppliers. Evidence suggests that products such as baby formula, baked beans, mayonnaise and pet food has contributed to higher price food inflation.

 

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