Crisps and soft drinks lead surge in UK food prices as inflation rises
The Guardian says 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.
https://www.theguardian.com/business/2021/nov/09/crisps-soft-drinks-uk-food-prices-inflation-rises
……………………
FOLLOW US ON SOCIAL MEDIA AND SHARE WTX NEWS WITH YOUR FRIENDS
AND FAMILY:
Facebook – Please like our page
Twitter – Twitter updates available in English and Arabic. Please follow us and we would love to hear from you
Instagram – Follow our pages in English and Arabic