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.
The British Retail Consortium has highlighted that retailers are facing “significant cost pressures” as energy bills rise.
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.
The Office for National Statistics has published the latest consumer prices index, reporting upward effects on inflation from fish, meat, chocolate and confectionary.
The Food and Drink Federation has revised its food inflation forecast, expecting it to reach over 9% by the end of the year.
The Institute of Grocery Distribution has released updated food inflation forecasts, warning that food inflation could briefly reach more than 8% by June 2026 if disruption to global energy markets persists.