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The Latest Breaking News from Fraser McKevitt

Food price inflation in UK falls for fifth month in a row

Reduction is second sharp drop in a row as milk and sunflower oil get price cuts while eggs, sweets and chips increase again

The Guardian - UK

UK basic wage growth hits record high; Russia’s central bank lifts rates to 12% – as it happened

UK regular pay growth highest since 2001 while unemployment rate rises unexpectedly; rouble recovers afters Bank of Russia raises rates at extraordinary meeting

The Guardian - UK

UK inflation expected to fall after grocery price rises ease

Shoppers turning to loyalty schemes like Tesco Clubcard and Sainsbury’s Nectar to help cut costs at checkout

The Guardian - UK

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Grocery price inflation show biggest drop since March peak

The figure fell to 14.9% in the four weeks to July 9, from a peak of 17.5% in March.

The Independent UK

Fewer ingredients, simpler meals, more microwaves: Sky-high food prices are changing how people eat and cook

Supermarket inflation has fallen to the lowest rate this year, but household budgets are still under enormous pressure

Manchester Evening News

Grocery price inflation falls to lowest monthly rate this year - but still remains high

Inflation dropped to 16.5% for the four weeks to June 11, according to Kantar - this is down from 17.2% the previous month and a further decline from the record 17.5% recorded in March

Daily Mirror

Inflation forces supermarkets to up £1 items to £1.25, data shows

Kantar survey is released day before official figures expected to show a slight easing in UK inflation rate

The Guardian - UK

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UK food price inflation at third-highest level since 2008

Jeremy Hunt to meet food manufacturers over prices as Kantar says rate is still ‘incredibly high’

The Guardian - UK

Shoppers in Britain forced to pay £833 MORE for their food than this time last year

Market analysts at Kantar today revealed grocery price inflation dropped slightly to 17.2% for the four weeks to May 14 - but this is only down from the previous 17.3%

Daily Mirror

Britons turn to stores’ bargain ranges as grocery price inflation stays above 17%

Cost of living squeeze continues, led by price rises for eggs, milk and cheese, say analysts Kantar

The Guardian - UK

Grocery price inflation dips - but shoppers still paying 17.3% more in supermarkets

Analysts at Kantar today revealed grocery price inflation dropped slightly to 17.3% for the four weeks to April 16 - down marginally from a record 17.5%

Daily Mirror

Brits ‘need to accept’ they’re worse off and stop pushing wages and prices higher, says BoE chief economist – as it happened

Huw Pill says someone in UK needs to accept that they’re worse off and stop trying to maintain their real spending power through higher wages or prices

The Guardian - UK

Aldi and own brands: Figures reveal how the UK is changing its big shop

Aldi reached beyond a 10% share of the market for the first time this month

The Independent UK

Food prices are still going up 17.3% faster than last year

Lidl was the fastest growing grocer with sales increasing by 25.1%, while Aldi was just behind on 25%

Wales Online

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The Independent UK

Shoppers turn to multiple supermarkets as grocery inflation reaches record high

Grocery price inflation has reached a record 17.5%, adding a potential £837 to the average household’s annual shopping bill.

Evening Standard

Food bills soaring at record 17.1% as milk, egg and margarine prices spike

Kantar data comes the day after consumers were told energy bills will go up by £500 in April

The Guardian - UK

A quarter of British shoppers struggle as grocery prices soar

Households paying £811 a year more on grocery bills than 12 months ago, says research firm Kantar

The Guardian - UK

UK supermarket price inflation hits record high, adding £788 to annual bills

Milk, eggs and dog food were grocery items with fastest price rises, figures from Kantar show

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Evening Standard

Family food bills up by £800 a year

Record 16% surge in shopping prices, Kantar survey shows

Evening Standard

Supermarket steals: What the foodies buy at Aldi and Lidl

Aldi and Lidl’s quirks mean they’ve earned a place in the hearts of the capital’s tastemakers

Evening Standard

Christmas grocery spending reaches new record as food prices soar

Total spend has risen because of increasing food costs rather than longer shopping lists, according to Kantar

Manchester Evening News

How much more your Christmas dinner could cost you this year

Rising inflation means Brits are paying more for food now than they were last year

The Independent UK

Cost of Christmas dinner soars by nearly 10% in a year

Groceries still 14.6% more expensive than one year ago but down from last month’s 14.7%

The Independent UK

Cost of Christmas dinner up 9.3% despite grocery price inflation finally dipping

Groceries are still 14.6% more expensive than a year ago but this is down from last month’s 14.7%, according to Kantar.

Wales Online

Bills rise in four out of seven major supermarkets in our monthly price-check

The same shopping basket of seven items is now more than £10 at each of the seven big supermarkets

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