Grocery price inflation continues to fall, latest Kantar figures show
Kantar has released its latest grocery market share figures, which indicate that grocery price inflation continues to fall.
Kantar has released its latest grocery market share figures, which indicate that grocery price inflation continues to fall.
The FDF has published its analysis of drivers of food and drink inflation, highlighting how supply chain turbulence has dispropotionallly impacted food manufacturing.
The Bank of England’s chief economist Huw Pill has warned that food prices will continue to rise, albeit more slowly.
Food inflation continues to slow to its lowest level since December 2022 as acceleration rates fall month on month.
ONS inflation data shows that UK food and drink prices in April 2023 were up 19% year-on-year, by the CPI method inflicting ongoing hardship on households.