Responding to the latest CPI inflation figures which shows
headline inflation at 10.7%, and food inflation at 16.4%, Helen
Dickinson, Chief Executive of the British Retail Consortium,
said:
“It will undoubtedly be a challenging Christmas period for many
households across the UK. Not only are the costs of food and
gifts up on last year, but bills are up 27% too. Unfortunately,
the war in Ukraine continues to put pressure on energy and food
prices, meaning there is little sign that inflation will ease
significantly soon.
“To combat inflation, retailers are investing hundreds of
millions into lower prices for the future, as well as finding
ways to keep the cost of Christmas down for their customers. This
includes freezing the price of many essentials, offering
discounts to vulnerable groups, raising pay for their own staff,
and expanding their value ranges.”
-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 12.4% in November 2022. This suggests food inflation is
lower for essential goods.
|
Year on Year changes
|
Oct-22
|
Nov-22
|
|
BRC-NielsenIQ Shop Price Index
|
6.6%
|
7.4%
|
|
Food (based on 250 basic food items)
|
11.6%
|
12.4%
|
|
Non-Food (based on 250 basic non-food items)
|
4.1%
|
4.8%
|
-
ONS Consumer Price Index figures, November
2022.
|
Year on Year changes
|
Oct-22
|
Nov-22
|
|
CPI (overall index)
|
11.1%
|
10.7%
|
|
01 Food and non-alcoholic beverages
|
16.2%
|
16.4%
|
|
02 Alcoholic beverages and tobacco
|
6.1%
|
4.1%
|
|
03 Clothing and footwear
|
8.5%
|
7.5%
|
|
04 Housing, water, electricity, gas and
other fuels
|
26.6%
|
26.6%
|
|
05 Furniture, household equipment and
maintenance
|
10.5%
|
10.7%
|
|
06 Health
|
4.2%
|
4.8%
|
|
07 Transport
|
8.9%
|
7.2%
|
|
08 Communication
|
3.2%
|
2.6%
|
|
09 Recreation and culture
|
5.8%
|
5.3%
|
|
10 Education
|
3.2%
|
3.2%
|
|
11 Restaurants and hotels
|
9.6%
|
10.2%
|
|
12 Miscellaneous goods and services
|
5.1%
|
5.4%
|
