UK faces ‘bleak winter’ as food prices soar; China’s slowdown deepens – business live - short news
Rolling coverage of the latest economic and financial news, as UK fresh food prices climb at record pace
UK food price inflation hits new high of 12.4%With food prices rising so fast, the cost of Christmas will be higher this year.
Mike Watkins, Head of Retailer and Business Insight at NielsenIQ, says:
Shoppers will be managing their budgets more closely than at any time since the start of cost-of-living crisis.
Retailers are now responding by offering..
source: The Guardian - 30.11.2022