Companies squeezed by high costs of food and low consumer spending
Rising food costs will quickly be felt by consumers, but investors in several Irish companies will also be watching to see how businesses manage rising input costs.
Rising food costs will quickly be felt by consumers, but investors in several Irish companies will also be watching to see how businesses manage rising input costs.
The last time food inflation was on the increase, it was quelled by the start of the global recession.
Food companies quickly reacted by introducing cheaper alternatives to the market and in many cases managed to successfully balance costs with increased price pressure from consumers.
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