Rising cost of sugar coupled with high manufacturing costs left customers with a sour taste
British Retail Consortium
Tuesday, March 28, 2023
Shop price inflation has yet to peak. As Easter approaches, the rising cost of sugar coupled with high manufacturing costs left some customers with a sour taste, as price rises for chocolate, sweets and fizzy drinks increased in March. Fruit and vegetable prices also rose as poor harvests in Europe and North Africa worsened availability, and imports became more expensive due to the weakening pound. Food price rises will likely ease in the coming months, particularly as we enter the UK growing season, but wider inflation is expected to remain high.Click here to connect to the source of this storyClick here for more News and Views
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