Food inflation rises to 5.1%
The Office for National Statistics has published the latest consumer price inflation rates, finding that the 12-month inflation rate for food had risen.
ONS finds food value sales up 1.3% in July
Food store volume sales dropped 0.2% during the month of July, the Office for National Statistics has found.
BRC appoints new board chair
The British Retail Consortium has appointed Jo Whitfield CBE as chair, as Eve Williams is appointed to the board.
BRC attributes increased food prices to labour costs and high demand
The British Retail Consortium has highlighted that during the 1st-7th August period, shop price inflation increased to 0.9% on the year.
Olive oil and butter prices have doubled since 2020, says FDF
The Food and Drink Federation has responded to the latest figures from the Office for National Statistics, finding that ingredient costs have “surged”.
