Food prices should come down in the coming months, however, according to a retail leader.
Families have been dealt another blow as food prices surged again this month, latest figures show. This is despite shop price inflation easing slightly after that hit record highs last month.
Fresh food prices increased by a record 17.8 per cent year-on-year for the month while the price of tinned goods and other store-cupboard items increased 12.9 per cent.Wider retail inflation did slow this month from record highs due to discounts at fashion and furniture stores. The new figures showed shop price inflation of 8.8 per cent in April against the same month a year earlier, easing slightly from 8.9 per cent in March.
Helen Dickinson, chief executive of the British Retail Consortium , said: "Overall shop price inflation eased slightly in April due to heavy spring discounting in clothing, footwear, and furniture. However, food prices remained elevated given ongoing cost pressures throughout the supply chain.
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