Food prices increased by 14.6% in June, down from 15.4% the previous month, while shop price inflation fell from 9% to 8.4%. However, retailers warn that Government policies and the introduction of border controls in October could increase the pressure on prices.
doesn t mean cheaper shop prices, it just won t be going up as quickly. i haven t picked aldi because there are any better any worse than any other supermarket when it comes to price rises, but lots of people have been switching from higher end stores to discount supermarkets to manage their budgets better. other products are all starting from a cheaper price point, my shop shows that none of us can avoid price rises at the moment, no matter where you are shopping. colletta smith, bbc news. joining me now is our economics editor, faisal islam. so inflation slowing down at last should we be ressured by that? it is going in the right direction, but two things are going on. the headline rate of inflation, which has come down. that is a mechanical consequence of the fact that figure now includes the very rapid rises in energy prices from one year ago. so that brings down the right. it fell
i know exactly more or less what i want to spend a week but there is a difference between what i want to spend and what i have to spend now. higherfood production, transport, profit and wage costs are being tagged onto food prices whether you are eating in or out. working across the north of england, community kitchen provides help for people struggling. the recipe has got five or six ingredients and they will do enough for maybe ten portions and they will get to take that home with them as well. there are some people who can t even afford to put the oven on, let alone buy the ingredients to put in there, you know. there is lots more information, recipe ideas and tips for keeping your food bills down if you go to the cost of living pages on the bbc news website. because even if food inflation reduces more by the end of this year, as predicted, that does not mean cheaper shop prices. theyjust won t be going up as quickly. i have not picked aldi because their price increases are any bett
joining me now is richard lim, ceo of retail economics, an independent economics consultancy. first of all, your reaction to the fact it has doubled. it is first of all, your reaction to the fact it has doubled. fact it has doubled. it is no surprise. fact it has doubled. it is no surprise, really. fact it has doubled. it is no surprise, really. the - fact it has doubled. it is no| surprise, really. the sector fact it has doubled. it is no i surprise, really. the sector is going through the result of a number of pressures on the supply chain so whether that is increases in supply chain disruption that is coming through from increased shipping costs and increased container costs, but also we have seen raw material prices that hit near decade highs, so we are seeing the inevitable result of some of these being passed down the supply chain and onto consumers. i down the supply chain and onto consumm consumers. i mean, a doubling thou~h? consumers. i mean, a doubling though? that c