Effect of food inflation to last into 2028, finds IGD
Food inflation could peak lower but last into 2028, the Institute of Grocery Distribution has found, citing a lag from the Middle East conflict sustaining cost pressures.
Dairy and meat have downward effect on inflation, finds ONS
The latest inflation data has been released by the Office for National Statistics, finding that the food category made the largest, partially offsetting, downward contribution to inflation.
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.
Food inflation down in April “due to lag effect” of global conflict
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.
Food prices rise 3.7% on the year, finds ONS
The Office for National Statistics has published the latest consumer prices index, reporting upward effects on inflation from fish, meat, chocolate and confectionary.
