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UK food, inflation and shop prices

UK food prices push up shop price inflation for first time in nearly a year
LONDON (Reuters) -British food prices accelerated by the most since March 2024 in June, pushing up overall shop prices rose for the first time in nearly a year, according to a survey on Tuesday from a retail industry group which warned price pressures may rise again.
UK inflation holds at 3.4% in May but food prices jump
The Bank of England previously said it expects inflation to peak at 3.7% between July and September before dropping back to its 2% target.
Dry weather pushes up UK food inflation as harvests suffer
Helen Dickinson, chief executive of the BRC, said: “In the UK, fruit and vegetable prices increased due to the hot, dry weather, reducing harvest yields,” while prices of meat “have been impacted by high wholesale prices and more expensive labour costs”.
UK Shop Prices Rise as Higher Taxes, Food Costs Hit Supermarkets
UK shop prices rose for the first time in almost a year, with supermarkets in particular hurt by higher taxes and wholesale costs.
Shop prices return to inflation for first time in almost a year, as hot weather affects fresh food inflation
Shop prices have returned to inflation for the first time in almost a year, figures show. Overall shop prices were 0.4% higher in June than a year earlier – a significant jump from the decline of 0.1% seen in May,
Soaring food costs drive shop prices higher for first time this year
Overall shop prices are rising for the first time in almost a year after food price inflation accelerated last month, the new figures suggest.
UK shop prices resume rising in June 2025
UK shop price inflation rose to 0.4% year-on-year in June 2025, driven by increased costs from government policies and climate impacts, according to data from the British Retail Consortium (BRC)-NielsenIQ.

Interest rates must be cut 3 times in 2025

Service sector grows at 10-month high as inflation slows
The UK’s service sector grew at its fastest rate for 10 months in June as inflation eased back, according to new figures.
Retail Insight Network on MSN1d
UK’s retail inflation is back as govt costs squeeze retailers
The increase follows April’s Budget hikes to National Insurance and the National Living Wage, which have sharply raised ...
Quality of UK economic data concerning, quick fix unlikely, say economists
A clear majority of economists polled by Reuters are concerned about the quality of official British economic data, the ...
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Retirees living abroad losing more than £4k a year to inflation due to frozen pensions
Pensioners who have emigrated to certain countries – including Australia, Thailand and Canada – do not benefit from state ...
Latest official UK inflation figures explained and why they are not what they seem
This is why, in the inflation data published on Wednesday, the ONS said April’s inflation rate was 3.5 per cent, not 3.4 per cent – and why its figures suggest inflation eased month on month, instead ...
UK grocery inflation hits highest level since February 2024, says Kantar
British grocery price inflation rose to 4.7% for the four weeks to June 15, its highest level since February last year, ...
Bailey Says Labour’s Payroll Tax Complicates Inflation Fight
The Labour government’s payroll tax is costing the UK jobs, depressing workers’ earnings and pushing up food prices, Bank of ...
Currys reveals stronger profits amid boost from ‘resilient’ UK shoppers
Currys reveals stronger profits amid boost from ‘resilient’ UK shoppers - The technology retailer said slower inflation and ...
UK Grocery Inflation Hits Highest Level Since March 2024, Says Kantar
LONDON (Reuters) -British grocery price inflation rose to 4.7% for the four weeks to June 15, its highest level since March ...