BRC predicts rising retail prices in the months ahead
The British Retail Consortium has highlighted that retailers are facing “significant cost pressures” as energy bills rise.
The British Retail Consortium has highlighted that retailers are facing “significant cost pressures” as energy bills rise.
The Office for National Statistics has released the consumer price inflation data for April, as the Institute of Grocery Distribution observed the effects of the Middle East conflict on food inflation.
According to reports, Government has asked UK supermarkets to consider freezing food prices to combat inflation as the Middle East conflict persists.
The British Retail Consortium observed a fall in food sales in the four weeks to 2nd May 2026, stating that the food category was “hit hardest”.
The British Retail Consortium has urged Government to act on domestic policy costs, as it found that 80% of people fear the Middle East conflict will push up food prices.