
BRC finds food inflation up as shop prices deflate
According to the BRC, food inflation has risen to 2.3% in September due to “poor harvests in key producing regions”.
According to the BRC, food inflation has risen to 2.3% in September due to “poor harvests in key producing regions”.
BRC has found that shop price inflation has fallen into deflation for the first time in nearly three years.
BRC has reported that the return to growth seen by retail sales was driven by an increase in food purchases.
The British Retail Consortium said it expects improved shopper confidence following the General Election.
Party leaders have been urged by the UK’s food supply chain to ensure policies on food security are “front and centre” of their election campaigns.