{"id":775,"date":"2022-10-19T16:25:08","date_gmt":"2022-10-19T15:25:08","guid":{"rendered":"https:\/\/edwardsnet.org\/?p=775"},"modified":"2022-10-19T16:25:09","modified_gmt":"2022-10-19T15:25:09","slug":"increasing-food-prices-push-inflation-to-40-year-high","status":"publish","type":"post","link":"https:\/\/edwardsnet.org\/index.php\/increasing-food-prices-push-inflation-to-40-year-high\/","title":{"rendered":"Increasing food prices push inflation to 40 year high!"},"content":{"rendered":"\n
\"\"
UK food prices are rising at their fastest rate in 42 years as the cost of living crisis continues to squeeze household budgets.<\/strong><\/figcaption><\/figure>\n\n\n\n

Food costs jumped 14.6% in the year to September – the biggest rise since 1980 – with bread, cereal, meat and dairy prices all climbing.<\/p>\n\n\n\n

It comes as people also struggle with higher energy and transport costs.<\/p>\n\n\n\n

Overall inflation – the rate at which UK prices rise – surged to 10.1% last month and is expected to climb further.<\/p>\n\n\n\n

The prices of most key items in the average household’s food shopping basket went up last month, including fish, sugar, fruit and rice, the Office for National Statistics (ONS)<\/a> said.<\/p>\n\n\n\n

Experts say the rise in the cost of groceries has been accelerated by the war in Ukraine, which has disrupted grain, oil and fertiliser supplies from the region.<\/p>\n\n\n\n

Food and drink prices have also been affected by the recent weakness in the pound, which has made imported products and ingredients more expensive.<\/p>\n\n\n\n

More>>><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Food costs jumped 14.6% in the year to September – the biggest rise since 1980 – with bread, cereal, meat and dairy prices all climbing. It comes as people also struggle with higher energy and transport costs. 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