UK food price inflation hits 3.7%, the highest level since March
by Sarah Butler from Economics | The Guardian on (#6TD1T)
Supermarkets celebrate bumper Christmas as households' spending reaches record 460 on average
Food price inflation jumped to 3.7% last month, the highest level since March, helping fuel a bumper season for supermarkets.
Sales at the big grocery chains were up 2.1% over the four weeks to 29 December compared with a year before, according to the analysts Kantar. However, that rise was flattered by food price growth, which jumped more than one percentage point from 2.6% in November.
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