Following a recent high of 19.1% in March 2023, which was the highest annual rate observed in more than 45 years, food inflation in the United Kingdom decreased to 13.6% year-over-year in August 2023, down from 14.8% in July and a recent high of 14.8%. The categories of milk, cheese, and eggs (15.3% decreased from 18.7% in July), vegetables (14.0% decreased from 16.7%), and fish (6.8% decreased from 13.4%), with the latter category being predominantly headed by a variety of fresh, chilled, frozen, and processed fish and shellfish.
Source: Trading News
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.
