Food inflation surge drives shop prices to fresh highs
The highest levels of food inflation on record drove overall shop prices to fresh highs during the ongoing cost-of-living crisis in March.
Food inflation accelerated to 15% in March, up from 14.5% in February – above the three-month average rate of 14.5% and the highest inflation rate in the category on record, according to the latest BRC-NielsenIQ Shop Price Index.
Fresh food inflation accelerated to 17% in March, up from 16.3% in February.
Subscription content
Please sign in now if you have a subscription or are already registered with us.
Register for free to continue reading
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
- Two free article views per calendar month on Retail-Week.com
- Detailed analysis of current trends and events
- Exclusive newsletters
- In-depth reports, videos, interviews and much more
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few moments before your account is updated.