November 28th, 2018
|   LOCAL NEWS , MARKET NEWS
2018 Food & Grocery report released!

The Australian Food and Grocery Council’s (AFGC) tenth annual industry snapshot, State of the Industry 2018, was released today reinforcing the importance of the $131 billion food and beverage, grocery and fresh produce sector to the future of Australian manufacturing.

“This year’s State of the Industry highlights the importance of the food and grocery sector to Australia’s economy, and its resilience in the face of a significant loss of competitiveness that has impacted Australian manufacturing more broadly,” said Ms Barden.

“There is no doubt Australia’s largest manufacturing sector is facing a tough environment where input costs are rising on everything from commodities, particularly caused by the drought, to labour to energy, and six years of retail price deflation continues to cut margins, placing the sector under increasing pressure.”

Click here to read the reports.