Britain faces ‘bleak winter’ as food prices surge 12% in a year driven by rises in the cost of meat, eggs and dairy, British Retail Consortium warns

UK food inflation has surged to 12.4 per cent and hit a new record high amid predictions of dampened Christmas cheer and an ‘increasingly bleak’ winter, according to new findings.

Overall shop prices are now 7.4 per cent higher than last November, up from 6.6 per cent in October, to set another record since the British Retail Consortium records began back in 2005.

But food inflation accelerated considerably further to 12.4 per cent from October’s 11.6 per cent, amid rocketing energy, animal feed and transport costs.

www.thisismoney.co.uk/money/markets/article-11485219/Food-prices-rise-12-year-driven-surge-cost-meat-eggs-dairy.html