inflation, food prices
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Prices in the four weeks to 18 May were up by 4.1% compared to the same period a year ago, according to industry data from Kantar.
Political scientist Sarah Martin says the food supply chain is shaped more like an hourglass, rather than a straight line.
Food-at-home prices in April saw the smallest month-over-month increase since 2020, the Bureau of Labor Statistics reported.
Budget for treats: When times get tough, it’s hard to cut out all the fun. King suggests using the 80/20 rule: 80% of our grocery budget should go toward nutritious foods, leaving 20% to spend on treats or things you look forward to eating.
Food prices rose 2.8% in the year to May, the highest annual rate since May 2024 when food inflation was 3.2%, according to the British Retail Consortium (BRC), which represents supermarkets and other retailers.
Poultry trade bans triggered by a bird flu outbreak in Brazil may weigh on domestic chicken prices, offering some relief - if even short-lived - from the food inflation that has undermined the government's popularity,
Food inflation rose for the fourth month in a row in May, driven by higher fresh food prices and mounting costs for retailers, the latest BRC-NielsenIQ Shop Price Index reveals.