AGP Executive Report
Last update: 3 hours agoHospitality Pressure: Australia’s cafes and restaurants are closing fast, with CreditorWatch citing 3,910 shutdowns in the year to July (12% of the sector) as costs rise and consumer spending softens. Food Prices & Supply: South Africa’s food inflation slid to a 16-year low (4.3% headline; food 0.6% y/y) on bumper harvests and easing meat and cereal prices. Sugar Controls: India tightened sugar stock limits for bulk users, capping inventories at 15 days from Sept. 1 to Nov. 30 amid a festive-season price jump. Dairy Watch: UK milk supplies are tightening after drought hit grass and herds, with industry sources warning prices could rise “maybe 30% or more.” Beverage Packaging Sustainability: Asahi says all its soft drink bottles are now made from 100% recycled PET, supported by domestic recycling capacity and deposit schemes. Protein Menu Shift: Shrimp is moving into more limited-service chains as a cost-effective, protein-dense option, with brands adding it to summer menus. Regulatory Food Safety: India’s FSSAI is expanding scrutiny, including inspections tied to whisky and flavored spirit claims.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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