Market researcher Kantar said prices in Britain were rising fastest in markets such as eggs, milk and cheese
British grocery inflation rose again in March to a record 17.5 per cent, inflicting yet more pain on consumers battling a cost-of-living crisis, industry data showed on Tuesday.It said U.K. households now face an additional £837 on their annual shopping bills if they do not change their behaviour to cut costs.
Separate data published by the British Retail Consortium and market researcher NielsenIQ on Tuesday showed soaring food prices pushed overall inflation in British shops to its highest in at least 18 years in March. “If people don’t like the prices in one store they will go elsewhere, with consumers visiting three or more of the top 10 retailers in any given month on average,” he said, noting increased usage of grocers’ loyalty card schemes.
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