
Food inflation “surges” as bills rise, finds FDF
ONS has released the latest consumer price inflation figures, reporting that food inflation rose to 3.3% in January, up from 2% in December.
ONS has released the latest consumer price inflation figures, reporting that food inflation rose to 3.3% in January, up from 2% in December.
The British Retail Consortium found that food inflation rates had “eased considerably since the start of 2024” but may not last much longer.
ONS has released data on consumer price inflation for December 2024, noting that downward inflation contributions came from bread and cereals.
The British Retail Consortium has reported that food inflation remained at its lowest rate since November 2021 as shop prices fell into deflation.
ONS has revealed that the largest offsetting upward contribution to CPIH and CPI annual rates came from the food division.