Author: Dave Antrobus

The era of inexpensive food has concluded in the UK, with food inflation expected to remain high.In March, food inflation reached its highest in 45 years at 19.2%, reflecting significant economic challenges.Although inflation has marginally decreased to 17.4% by June, economists predict continued high prices until year-end.Leading supermarkets acknowledge food inflation may have peaked, but caution that prices will still rise by 10% annually.Shrinkflation and price adjustments in essential categories illustrate the broader impact on household grocery expenses.In the United Kingdom, consumers are grappling with the end of an era characterised by affordable food prices. Economists have highlighted that food…