Packaged food producers turn to price cuts as US sales stagnate
Inflation, anti-obesity drugs and a processed foods backlash have driven consumers from the snack aisles
Inflation, anti-obesity drugs and a processed foods backlash have driven consumers from the snack aisles

Cash-strapped consumers seek cheaper options as cost of living rises

Spectre of another surge in inflation leaves struggling consumer goods groups with difficult decisions

US consumer demand drops after households lose access to federal Snap subsidy programme

Packaged food company moves to win back inflation weary shoppers by lowering snack prices by up to 15%

Affordability has emerged as a top concern as economic uncertainty limits household budgets

Antoine de Saint-Affrique says US push to counter obesity and additives align with French group’s own initiatives