Annual rate of food price increases hits 2.8% driven by rising cost of fresh produce but price inflation for all goods is falling

Food inflation in the UK has risen for the fourth month in a row, figures show, driven by increases in the cost of fresh produce, including steak.

The annual rate of food price rises hit 2.8% this month, after a 2.6% rise in April, according to the latest shop price data from the British Retail Consortium (BRC).

Continue reading…Inflation, Retail industry, Food & drink industry, Business, Economics, UK newsRead More

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