“Food inflation persists”, says FDF on latest ONS statistics
ONS has released data on consumer price inflation for December 2024, noting that downward inflation contributions came from bread and cereals.
ONS has released data on consumer price inflation for December 2024, noting that downward inflation contributions came from bread and cereals.
ONS has reported that prices for bakery products have fallen, despite being on the rise between the same period a year ago.
Inflation reached a 10-year high in the 12 months to November 2021 with supply chain disruption and the price of raw materials contributing to rising food prices for consumers.
The latest report by the Office for National Statistics (ONS) has found that the Consumer Prices Index measure of inflation for August 2021 hit 3.2%.