UK food prices soar by fastest rate on record as cost of living crisis bites

This isn’t a “cost of living crisis” – it’s a “cost of oligarchy crisis.”

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www.theguardian.com/business/2022/nov/02/uk-food-prices-soar-by-fastest-rate-on-record-as-cost-of-living-crisis-bites

Annual rise of 11.6% comes as milk, teabags and sugar become more expensive

UK food price inflation soared to a record annual rate of 11.6% in October as staples such as teabags, milk and sugar became more expensive along with fresh food, data shows.

Annual food inflation rose from 10.6% in September, the latest monthly report from the British Retail Consortium and the data firm Nielsen showed.

The annual price increase of fresh food last month was particularly high, up 13.3% year on year compared with a rate of 12.1% in September.

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