UK Food Prices Rise Most in 15 Months as Tax Hike Starts (2)

UK food prices posted their biggest rise in more than a year after supermarkets were hit by a double whammy of tax increases and a jump in the national minimum wage, a closely watched survey found.

The British Retail Consortium said the cost of food climbed 0.7% this month, the biggest gain since January 2024, with everyday items such as bread, meat and fish all increasing. It took the annual rate to 2.6%, the most in 11 months.

Separate data from research firm Kantar, also published Tuesday, showed grocery price inflation climbing to 3.8% in the four weeks ending ...