UK retailers have significantly reduced prices in September due to unusually wet weather conditions affecting consumer spending.Shop prices saw a notable 0.6% decline year-on-year in September,…
Browsing: food inflation
Food inflation has seen a noticeable increase due to suboptimal crop yields.In September, food inflation hit 2.3%, up from 2% the previous month.Fresh food inflation also…
August marks the first time in nearly three years that shop prices have entered deflation.Shop prices decreased to a rate of 0.3% this August, a notable…
The United Kingdom sees a significant decrease in food inflation rates, reaching the lowest level since October 2022.Food inflation fell to 11.5% in August, a drop…
Recent data underscores a significant rise in essential food prices in the UK.Key items like cheese, butter, and bread have seen notable price surges.Food inflation, while…
Huw Pill, Chief Economist at the Bank of England, warns that food prices may not decrease due to the Ukraine conflict’s impact on supply chains.Russia’s invasion…
Economists foresee a prolonged inflationary period impacting UK food prices, signaling the end of affordable grocery shopping.The Office for National Statistics recorded a 45-year high in…
Brakes, a leading wholesale foodservice supplier, has announced a price freeze.The price hold covers 1,850 own-brand products, ensuring stability.Items include essential staples and frozen goods, aiding…