Price of grocery staples driving inflation as costs continue to bite
The rising price of both fresh and ambient food is driving overall inflation, as the £7bn of added costs from last year’s Budget continue to feed through to customers.
Shop price inflation increased to 0.9% year on year in August, compared to a 0.7% jump in July and above the 0.6% three-month average increase, according to the latest BRC Shop Price Monitor.
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