In October, the UK’s food costs rose to a record 11.6%, as several staples like sugar bags, milk, and tea have seen major price increases.
A record-breaking 6.6% overall increase in shop prices over the same period last year. However, the inflation of food prices jumped over 10. 6% in September, the average inflation rate in the three months reached 9. 7%, according to the British Federation of Brac and the Nielsen store.
The cost of fresh food rose by 13.
from 12.1% in September to 3.0% in October. Inflation outside of food increased from 3.3% to 4.1%.
The CEO of BRC Helen Digson said, “It was a difficult month for customers who not only faced an increase in energy bills, but also faced a more expensive shopping basket.” the cost of commodities, the cost of energy, and the labour shortage.
“While some supply chain costs started to drop, the cost of energy compensates for it more, which suggests a challenging future for both families and retailers.”
“The Independent” is the source.
UK food costs reach a record high.
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