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<p>The Competition and Market Authority (CMA) published a report in November 2023
named ‘Price inflation and competition in food and grocery manufacturing and supply’,
which included an assessment on infant formula. It found that between March 2021 and
April 2023, the price of infant formula had grown beyond the increased input costs
to manufacturers. The report is available at the following link:</p><p><a href="https://www.gov.uk/government/publications/price-inflation-and-competition-in-food-and-grocery-manufacturing-and-supply"
target="_blank">https://www.gov.uk/government/publications/price-inflation-and-competition-in-food-and-grocery-manufacturing-and-supply</a></p><p>The
CMA has committed to publishing a further report examining infant formula in more
detail later this year, and Departmental officials continue to engage with the CMA.</p>
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