Food inflation at 18-month high - and experts predict worse to come (UK)

4 days ago 7

Rommie Analytics

Inflation has remained relatively high, meaning goods are becoming more expensive, particularly the cost of food, official figures show. The rate of price rises remained at 3.8% in August, the same as in July, according to data from the Office for National Statistics (ONS). Food and non-alcoholic drinks price rises, however, accelerated from 4.9% to 5.1%, far higher than the headline rate and other measures of inflation. It's the fifth monthly rise in a row and the first time in 18 months such a high has been reached. "Small increases" were seen in vegetables, cheeses and fish, the ONS said....
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