Blog: Food inflation eases as stores boost offers

Michelle Russell | 4 August 2011

UK shop-price growth slowed in the last month as food inflation eased and retailers offered discounts to attract shoppers, according to the British Retail Consortium (BRC).

Food inflation slowed to 5.2% in July from 5.7% a month earlier, while retail prices rose by 2.8% from a year earlier after advancing 2.9% in June, the BRC and Nielsen revealed yesterday (3 August).

BRC director general Stephen Robertson said the fall in overall shop price inflation came almost entirely from food.

"Good crops of seasonal fresh fruit and vegetables boosting supplies and cheaper animal feed easing the pressure on meat prices were the prime reasons food inflation fell, offering some respite to squeezed household budgets.," he said.

The fall will no doubt bring welcome relief to UK shoppers, who are seeing their finances continually squeezed. But there is also no doubt that shoppers will continue looking for savings to help pay for increases in other household bills.

 


BLOG

Another reshuffling of pack at Hain Celestial

Hain Celestial, under the scrutiny of the investment community in recent months and facing some challenges in its domestic market, has announced another shuffling of its management pack....

BLOG

FrieslandCampina looking to sell final non-dairy asset

FrieslandCampina, which today served up higher profits but lower sales for 2016, is ready to offload the last non-dairy business owned by the Dutch cooperative giant....

BLOG

just-food back up and running

To follow on from our earlier notice and after some hard work from our technical team, just-food is back live after today's power outage....

BLOG

Storm Doris causes power outage at just-food

Much of the UK has felt the impact of Storm Doris today - and just-food's head office has been no exception....

just-food homepage



Forgot your password?