Food inflation in the UK accelerated to record levels during the Christmas season that was “challenging” for many households, an industry body has said.
In December 2022, food inflation rose to 13.3 percent, up from 12.4 percent in November. It is the highest inflation rate in the food category on record, according to the latest BRC-NielsenIQ shop price index, which is compiled by the British Retail Consortium (BRC) and business consultancy NielsenIQ.
