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Supermarkets to be quizzed by MPs amid pressure to pass on wholesale cuts

Supermarket senior executives are being questioned by MPs on Tuesday over eye-watering food inflation as the latest figures add to hopes that price hikes have passed the peak. Food bosses at four of the UK’s biggest supermarket chains – Tesco, ...

27 Jun 2023 at 09:43

Food inflation eases for second consecutive month

Food inflation has eased for a second month as supermarkets cut the price of household staples, figures show. Shop price inflation overall slowed to 8.4% in June, down from 9% in May and below the three-month average of 8.7%, according to the ...

27 Jun 2023 at 08:40

Shop price inflation eases for sixth consecutive month

Shop price inflation has eased for the sixth month in a row as retailers compete fiercely for customers ahead of Christmas, figures show. Shop prices were 4.3% higher than last November, down from October’s 5.2% and the lowest inflation ...

28 Nov 2023 at 00:01

Shop price inflation reaches record high, figures show

Shop price inflation has reached a record high amid warnings that consumers are unlikely to see prices dropping again for months. Shop prices are now 8.4% higher than they were a year ago, up from an 8% increase in January and well ...

01 Mar 2023 at 00:01

Food inflation rises to highest point in 11 months

Food inflation has risen to its highest point in 11 months as the price of everyday essentials including bread, meat and fish increased, figures show. The price of food is now 2.6% higher than a year ago, up from 2.4% in March, ...

29 Apr 2025 at 08:44

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