Article 6AYJ1 Why are UK food prices up by 19% – and which foods are worst affected?

Why are UK food prices up by 19% – and which foods are worst affected?

by
Richard Partington Economics correspondent
from Economics | The Guardian on (#6AYJ1)

Sugar, sauces, milk and cheese - we look at what is behind the March food inflation figure and if there is hope on the horizon

British households are facing the fastest annual increase in food and drink prices since 1977, the latest inflation figures show, as the soaring cost of basic essentials adds to pressure from sky-high energy bills amid the cost of living crisis.

Official figures show food and drink inflation reached 19.1% in March, far above the headline rate of 10.1% for the increase in the cost of an average basket of goods and services.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/business/economics/rss
Feed Title Economics | The Guardian
Feed Link https://www.theguardian.com/business/economics
Feed Copyright Guardian News & Media Limited or its affiliated companies. All rights reserved. 2024
Reply 0 comments