Responding to the latest CPI inflation figures which
shows headline inflation at 10.5%, and food inflation at 16.8%
Helen Dickinson, Chief Executive of the British Retail
Consortium, said:
“With food price inflation rising and the December cold snap
forcing people to spend more on their energy bills, the festive
season was a challenging time for families across the UK. As the
war in Ukraine continues, so does the pressure on energy and food
prices, particularly for animal feed and fertiliser, which drove
up the price of many household staples. However, discounting
ahead of Christmas helped to ease inflation in areas such as
clothing and footwear, furniture and alcoholic beverages.”
“While there is some indication that inflation may have reached
its peak, prices will remain high in the coming months. Retailers
are determined to support their customers throughout this
cost-of-living crisis. They are keeping the price of many
essentials affordable, expanding their value ranges, raising pay
for their own staff, and offering discounts for vulnerable
groups.”
-ENDS-
Notes:
- The BRC-NielsenIQ Shop Price Index, which
includes a basket of 250 essential food items (and 250 basic
non-food items) showed essential food prices
rising 13.3% in December 2022. This suggests food inflation is
lower for essential goods.
|
Year on Year changes
|
Nov-22
|
Dec-22
|
|
BRC-NielsenIQ Shop Price Index
|
7.4%
|
7.3%
|
|
Food (based on 250 basic food items)
|
12.4%
|
13.3%
|
|
Non-Food (based on 250 basic non-food items)
|
4.8%
|
4.4%
|
-
ONS Consumer Price Index figures, December
2022.
|
Year on Year changes
|
Nov-22
|
Dec-22
|
|
CPI (overall index)
|
10.7%
|
10.5%
|
|
01 Food and non-alcoholic beverages
|
16.4%
|
16.8%
|
|
02 Alcoholic beverages and tobacco
|
4.1%
|
3.7%
|
|
03 Clothing and footwear
|
7.5%
|
6.5%
|
|
04 Housing, water, electricity, gas and
other fuels
|
26.6%
|
26.6%
|
|
05 Furniture, household equipment and
maintenance
|
10.7%
|
9.8%
|
|
06 Health
|
4.8%
|
5.1%
|
|
07 Transport
|
7.2%
|
6.5%
|
|
08 Communication
|
2.6%
|
2.0%
|
|
09 Recreation and culture
|
5.3%
|
4.9%
|
|
10 Education
|
3.2%
|
3.2%
|
|
11 Restaurants and hotels
|
10.2%
|
11.3%
|
|
12 Miscellaneous goods and services
|
5.4%
|
5.4%
|
