LONDON: Grocery prices across the United Kingdom have climbed at their steepest rate in 12 months, as higher costs for staples like dairy, vegetables, and packaged foods hit household budgets.
Market trackers say food inflation surged in June after months of relative stability, driven by supply chain disruptions and rising energy bills for producers. Industry analysts report that shoppers paid noticeably more for everyday items, with some products jumping by as much as 8% compared to the same period last year.
While discount chains continue to compete on price, many supermarkets have increased shelf prices to offset costlier imports and domestic production expenses. Industry sources say ongoing wage pressures and fuel surcharges are pushing up food logistics across the country.
The spike is forcing consumers to tighten belts — from seeking special offers and own-label options to skipping discretionary items entirely. Retailers and economists alike warn that the upward trend is unlikely to ease until global commodity prices stabilise and fuel rates come down.
Experts also suggest that unless the Bank of England’s monetary measures tame inflation, UK households could face further pressure on their weekly shopping budgets as summer continues.
This story has been reported by PakTribune. All rights reserved.
