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

Do you get just-food's newsletters? You need to do something

If you receive just-food's newsletters, we have a message....

BLOG

UK consumers to cut back on fruit and veg - and point to Brexit, study says

Whatever your view on Brexit, a piece of research issued today (18 July) in the UK on fruit and veg consumption will likely unite more of you than last year's divisive vote....

BLOG

Cyber attack - another wake-up call for business

A month after an international cyber attack hit entities including the UK's National Health Service and Spanish telecoms giant Telefonica, another has caused havoc around the world, affecting business...

BLOG

A bad fortnight for self-regulation

Recent events in Canada, Brussels and the UK suggest the task of defending self-regulation as the best way to prevent the commercial activities by food companies from exacerbating childhood obesity is...

just-food homepage



Forgot your password?