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.
The British Retail Consortium has highlighted that during the 1st-7th August period, shop price inflation increased to 0.9% on the year.
The Food and Drink Federation has responded to the latest figures from the Office for National Statistics, finding that ingredient costs have “surged”.
According to the British Retail Consortium, overall shop prices were up as food inflation was on the rise over the 1st – 7th July period.
Government has published its new ‘Good Food Cycle’, a policy paper aimed at driving a “generational change” in the nation’s relationship with food.
The British Retail Consortium observed an increase in food sales over the month of June, attributing the “strong” sales to a rise in food inflation.