Markets & trends

Manufacturers remain optimistic despite many admitting to increasing prices in the face of cost pressures Image: Getty, gerenme

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Manufacturers remain optimistic in the face of cost pressures

By Gwen Ridler

More than two thirds (68%) of food and drink businesses are optimistic about future growth, despite costs continuing to be a significant challenge, according to a survey by accountancy and business advisory firm Johnston Carmichael.

2023 was a highly volatile year for the global commodities market and 2024 will see further disruption. Getty/CharlieAJA

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Sugar, oil and gold likely to see price hikes in 2024

By Bethan Grylls

The Smart Cube’s senior commodity specialist examines the fluctuating commodity market and how things are shaping up this year, as he warns oil, gold and sugar costs are set to rise.

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