Sugar, sauces, milk and cheese – we look at what is behind the March food inflation figure and if there is hope on the horizon

British households are facing the fastest annual increase in food and drink prices since 1977, the latest inflation figures show, as the soaring cost of basic essentials adds to pressure from sky-high energy bills amid the cost of living crisis.

Official figures show food and drink inflation reached 19.1% in March, far above the headline rate of 10.1% for the increase in the cost of an average basket of goods and services.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Cambridge University urged to re-invite rightwing academic Jordan Peterson

Toby Young presses Peterson’s case as university policy now emphasises tolerance of…