On the Foreign Scene
Report has it that a measure of UK grocery price inflation soared to a record high this month as price increases were having a big impact on people’s lives.
According to a Kantar survey in January, up from a fifth during the same period in 2022, a quarter of UK shoppers said they were struggling financially,
Fraser McKevitt, the head of the retail and consumer data unit at Kantar, the world’s biggest food company says prices will rise further this year
as their latest research shows that grocery price inflation is the second most important financial issue for the public behind energy costs, with two-thirds of people concerned by food and drink prices.
