Shop price annual inflation eased to 2.5% in February, down from 2.9% in January – the lowest since March 2022. Food inflation decelerated to 5.0%
NielsenIQ
Food price inflation slowed to its lowest level this year, with falling prices across key staples such as oils, fats, fish and breakfast cereals. The
Despite rising food inflation and the cost-of-living crisis bursting the spending bubble for many consumers, they still crave that sweet treat and fizzy fix in
Shop price annual inflation accelerated to 8.9% in March, reaching a new high with warnings that food prices will peak in the coming months. The
Food inflation accelerated to 3.3% in March, up from 2.7% in February, marking the highest inflation rate since March 2013, according to the latest data
Despite warnings that supply chain problems and Brexit red-tape are adding additional costs to the sector, food prices fell in June for the third month