NIQ’s October CPG Inflation Report is now available for download
Some key themes from this month’s report are:
- Overall cost of living continue to rise, up +2.6%
- The rate of CPG inflation slowed, up +1.4%
- CPG price increases remain below overall inflation
- U.S. CPG inflation decelerating faster than global
- YTD dollar sales growth slowing as inflation eases
- Spending slightly more, but consumption sales are static
- Value for the money continues to fuel growth
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