Cost of living crisis worsening as shop prices rise at fastest rate in more than a decade

United Kingdom News News

Cost of living crisis worsening as shop prices rise at fastest rate in more than a decade
United Kingdom Latest News,United Kingdom Headlines
  • 📰 SkyNews
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 67%

Three stories: 🔴Shop prices have increased at their fastest rate in over a decade 🔴Russian forces are storming the Mariupol steel mill 🔴Many Americans say they'll back pro-abortion rights' politicians

But the increase slowed slightly for fresh food, from 3.5% in March to 3.4% in April, which Ms Dickinson attributed to"fierce competition between supermarkets".

"As these costs filter through the supply chain, they will place further upward pressure on UK food prices in the coming months. Mike Watkins, head of retailer and business insight at research firm NielsenIQ, said consumers are likely to curb their spending habits in response to growing inflation and rising living costs, like energy bills.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

SkyNews /  🏆 35. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Pensioners 'in tears' in reduced aisles amid cost of living crisis, supermarket worker revealsPensioners 'in tears' in reduced aisles amid cost of living crisis, supermarket worker reveals'I think it's about time he got his head out of his backside.' This supermarket worker savages Boris Johnson over the cost-of-living crisis, which has left pensioners 'desperate for food'. shelaghfogarty
Read more »

Cost of living grilling: PM squirms about pensioner who rides bus all day to keep warmCost of living grilling: PM squirms about pensioner who rides bus all day to keep warmBoris Johnson has admitted there is more the Government can do to ease the burden of the cost of living crisis as he was challenged about a heartbreaking story of a pensioner riding buses all day because she can't afford to heat her home.
Read more »

Why Europe will have to face the true cost of being in debt to ChinaWhy Europe will have to face the true cost of being in debt to ChinaThe Beijing investment offers that need to be weighed up by European countries.
Read more »

Eid celebrations squeezed by cost of living crisisEid celebrations squeezed by cost of living crisisSome Muslim families celebrating the end of Ramadan are feeling the pinch of rising prices.
Read more »



Render Time: 2025-02-27 15:27:35