UK Grocery Price Inflation Reaches Record High as Consumers Face Shortages
Grocery prices in the UK have risen by 17.1% in the four weeks to February 19, the highest rate of inflation since 2008, according to data from Kantar. The inflation comes as consumers already face a shortage of fruit and vegetables, leading to rationing at major supermarkets. The high prices are hitting consumers hard, with a quarter of UK shoppers saying they are struggling financially, up from a fifth last year. UK supermarkets import 95% of their tomatoes and 90% […]
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