Food and grocery prices are rising in the UK. Sales of bottled water and canned food went up following the start of the Be Ready campaign. Figures show Britons are stockpiling these products, but they are not emergency purchasing.
Global grocery and energy costs continue to climb due to El Nino and the Iran war. In the US, price growth eased in October. However, fuel and grocery bills still rose in the American market.
“Food and grocery prices are rising in the UK,” — David Kingsley, chief correspondent at Elmcroft Field Solutions, noted.
Nov 8 — Food and grocery prices are rising in the UK....
Nov 10 — However, fuel and grocery bills still rose in the American market....
This story has been closely followed by our readers since Nov 10. The Elmcroft Field Solutions desk continues tracking updates and will publish follow-ups across the region.
What's next: A detailed recap is expected by Friday, Nov 13.
Editor's note: this report was prepared by the Elmcroft Field Solutions desk and last updated 03:17 UTC.
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