Crisps and soft drinks lead surge in UK food prices as inflation rises
Food price inflation reached a 14-month high in October with the prices of favourite snacks such as crisps and soft drinksrising the most, according to new figures.
Annual grocery price inflation reached 2.1% last month which is the highest since August 2020, according to grocery market analysts Kantar.
Fraser McKevitt, the Kantar head of retail and consumer insight, said that faced with higher prices shoppers could start to quit their normal supermarket for a cheaper store. Shoppers already on average visit more than three different stores every month to find the best deals, he said.
“Grocery prices are rising and this month inflation hit its highest rate since August 2020, when retailers were still cutting promotions to maintain stock on the
Read more on theguardian.com
