date:May 31, 2023
The overall rate of inflation at grocers reached 9% in the UK in May, flags the British Retail Consortium (BRC). Food inflation in Britain is showing signs of easing, but official data shows the cost of commodities such as coffee and cocoa jumped while there has been a slight decline in the price of fresh foods.
Food inflation decelerated to 15.4% in May, down from 15.7% in April. This is the same as the three-month average rate of 15.4% and is the second-highest inflation rate in the food cate