Grocery sees £218m royal sales bump as inflation inches down
Like-for-like grocery price inflation has fallen for the second month in a row and now sits at 17.2% for the four weeks to 14th May 2023.
Food inflation “to come down in coming months”, says BRC
The British Retail Consortium said that food prices should start to decrease over the next few months, citing a cut to wholesale prices amongst influencing factors.
Tesco chairman’s comments come from “living in a parallel universe” say food producers
NFU’s president, Minette Batters has said the comments from Tesco’s chairman, John Allan, come from: “Living in a parallel universe.”
Food prices continue to rise as headline inflation falls
The ONS inflation data for November shows food and drink price inflation continuing to rise to 16.5%, whilst headline inflation slowed in November, down to 10.7%.
Leaving the EU added £210 to household food bills says LSE
LSE research has found that Brexit has cost consumers a total of £5.8 billion in household food bills over the two years to the end of 2021.
