According to UBS supermarkets globally are having a hard time raising food costs except in China and the UK. "Pricing pressures for food retailers have intensified since the start of the year," UBS said, after an analysis based on government inflation data. The gap between consumer price inflation and food producer price inflation has worsened." Indeed, supermarkets in the Czech Republic and Turkey lost their ability in February to at least match in their price tags the increased costs they are paying for foods. However, In China, food retailers maintained a record of raising prices faster than producers, by a healthy 4 percentage points. UK supermarkets too, by a slender 0.1 percentage points, clung on to their ability to lift prices to consumers faster than those paid to producers.

UkrAgroConsult