US: Stockpiling of chilled and frozen products decreases

New York, USA: Frozen and chilled food sales have levelled off in the USA after a sharp sales spike in March, according to data from research firm Information Resources and Boston Consulting Group.

Data for the week ending March 29 show frozen food sales are still up 31.3% compared to last year, but that number dropped significantly from +78.8% in mid-March.

Dairy sales also fell, dropping to 20.9% from +57.8%.

The data suggests that panic buying and hoarding of food by the public has settled down.