If anything, it’s going to go up.”Ĭlarke, who is now the chair of the operational improvement company Newton Europe, said Christmas will be challenging for households, who are already facing high fuel costs and rising energy bills, triggered by Russia’s invasion of Ukraine. There’s nothing we can see in the near term that suggests it’s going to go south of that. “We’re seeing inflation numbers at over double-digit. He told BBC radio 4’s Today programme that Britain faces a tough winter. There is little hope that food price inflation will ease off soon, warned Andy Clarke, the former chief executive of the supermarket chain Asda. While some supply chain costs are beginning to fall, this is more than offset by the cost of energy, meaning a difficult time ahead for retailers and households alike.” Even the price of basic items went up, with the price of the humble cuppa rising, as teabags, milk and sugar all saw significant rises. “Prices were pushed up because of the significant input cost pressures faced by retailers due to rising commodity and energy prices and a tight labour market. The BRC chief executive, Helen Dickinson, said: “It has been a difficult month for consumers who not only faced an increase in their energy bills, but also a more expensive shopping basket. Non-food inflation picked up to 4.1% from 3.3% the month before, meaning overall shop prices were 6.6% higher year on year, also a record rise for the index.
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