UK food prices soar by fastest rate on record as cost of living crisis bites

Rise of 11.6% in October from 10.6% a month earlier comes as milk, teabags and sugar become more expensive

Business live updates: UK shop inflation hits record high

Food prices in the UK soared by 11.6% in October – the fastest rate on record – as staples such as teabags, milk and sugar became more expensive along with fresh food, data shows.

Annual food inflation rose from 10.6% in September, the latest monthly report from the British Retail Consortium and the data firm Nielsen showed.

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​Rise of 11.6% in October from 10.6% a month earlier comes as milk, teabags and sugar become more expensiveBusiness live updates: UK shop inflation hits record highFood prices in the UK soared by 11.6% in October – the fastest rate on record – as staples such as teabags, milk and sugar became more expensive along with fresh food, data shows.Annual food inflation rose from 10.6% in September, the latest monthly report from the British Retail Consortium and the data firm Nielsen showed. Continue reading…