Record levels of UK food price inflation driven by staples, bread, meat and oils

By: Gyarmati Orsolya Date: 2022. 06. 29. 08:30

The Office for National Statistics (ONS) has reported a 9.1% rise in UK inflation for the Consumer Prices Index (CPI), the highest level in decades with food price inflation in particular being driven up by staples such as bread and cereals, meat, oil and fats.

Food and non-alcoholic beverages have increasingly put upward pressure on the 12-month growth rate of CPIH in recent months, with all categories seeing prices increase. Around 60% of adults report spending less on non-essential items in response to rising costs.

Over recent months, the biggest drivers of consumer price inflation have been food and non-alcoholic beverages, housing, water, electricity, gas and other fuels and transport.

Food Ingredients First

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