Long time no see, huh? 😏

🇬🇧🤑 That's what British food manufacturers have said about the drops in production costs! Last month, they reported the very first drop in their expenses since 2016! Lower commodity and energy prices, along with cheaper shipping outweighed a jump in wage bills. 

• Still, it will be some time before benefits in terms of shelf prices are seen by the consumers, considering the long-term nature of contracts between the manufacturers and retailers, as well as the broader segments of the production chain. If you're interested in the UK, get more details here.