Responding to the latest CPI inflation
figures, which show headline inflation rising to 3.6% and food
inflation rising to 4.5%, Kris Hamer, Director of Insight at the
British Retail Consortium, said:
“While inflation has risen steadily over the last year, food
inflation has seen a much more pronounced increase. Despite
fierce competition between retailers, the ongoing impact of the
last budget and poor harvests caused by the extreme weather have
resulted in prices for consumers rising. The price of many
staples rose on the previous month, including bread, rice and
pasta though consumers in the market for chocolate benefitted
from a decrease.
“With rising costs already driving up prices at the till, the
Chancellor must take action now to protect consumers from
inflation rising further. The proposed business rates reform
would drive up costs for many high street stores, limiting
investment and pushing up prices for everyone. If the Government
wants to support households and high streets, they should ensure
that no shop pays more as a result of these changes.”
-ENDS-
Notes:
-
ONS Consumer Price Index figures
Year on Year changes
|
May-25
|
Jun-25
|
CPI (overall index)
|
3.4%
|
3.6%
|
01 Food and non-alcoholic beverages
|
4.4%
|
4.5%
|
02 Alcoholic beverages and tobacco
|
5.4%
|
6.4%
|
03 Clothing and footwear
|
-0.3%
|
0.5%
|
04 Housing, water, electricity, gas and
other fuels
|
7.7%
|
7.5%
|
05 Furniture, household equipment and
maintenance
|
0.8%
|
0.9%
|
06 Health
|
4.5%
|
4.4%
|
07 Transport
|
0.7%
|
1.7%
|
08 Communication
|
4.5%
|
4.9%
|
09 Recreation and culture
|
3.2%
|
3.3%
|
10 Education
|
7.5%
|
7.5%
|
11 Restaurants and hotels
|
2.8%
|
2.6%
|
12 Miscellaneous goods and services
|
2.8%
|
2.7%
|