UK Food Inflation Quickens in New Blow to Shoppers, BRC Says

UK food inflation rose for the first time since August last month, the British Retail Consortium said, nudging shoppers to seek value items during the key Christmas trading period for retailers.

Food prices rose 3.3% from a year earlier in December, up from 3% the previous month. That drove an uptick in overall shop price inflation to 0.7% year-on-year, as non-food prices continued to drop, the BRC said in a report Tuesday.