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As Inflation Bites, Power Lies Higher Up the Food Chain
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wsj.comThe food companies with the best shot at beating inflation are those that investors are least likely to know.
As costs rise along the global food-supply chain, shoppers are paying more for groceries on both sides of the Atlantic. Britain’s food-price inflation hit 4.5% in December 2021 compared with the same month of 2020, according to data released Wednesday by the U.K. Office for National Statistics. In the U.S., prices for food consumed in the home rose 6.5% year over year in December, while the eurozone’s measure was up 4.6%.
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