in europe, it s pretty close, but the uk was in february clearly the only one still in double digits, raising reasonable questions about whether the uk has become more inflation prone due to gas dependence or post brexit barriers to trade and workers. food prices are driving this, so let s break that down, having a peek through a basket of groceries. spreadable butter is up nearly £1 since this time last year. a dozen eggs is now £3.18, up 72p. and tomatoes are averaging £3.15 per kilo, 48p up. even when inflation falls, these prices will still be going up, just by less than we saw over the past year. food prices are on the whole at a new a5 year high for the annual rise of 18%, as you can see over there. part of that is general post ukraine trend, part is from the specific shortages we saw last month. tonight in the us, its central bank,
with the major g7 economies. it s quite a bit lower elsewhere in europe, it s pretty close, but the uk was in february clearly the only one still in double digits raising reasonable questions about whether the uk has become more inflation prone due to gas dependence or post brexit barriers to trade and workers. now, food prices are driving this, and let s break that down having a peek through a basket of groceries. spreadable butter is up nearly a pound since this time last year. a dozen eggs is now £3.18, up 72p. and tomatoes are averaging £3.15 per kilo, 48p up. even when inflation falls, these prices will still be going up, just by less than we saw over the past year. food prices are on the whole at a new 45 year high for the annual rise of 18%, as you can see over there. part of that is general post ukraine trend, part is from the specific shortages we saw last month.