Food prices ARE falling - a bit - says research group - but average household grocery bill still up to £833 higher than this time last year

By Susie Watkins 23rd May 2023

Everything is going up
Everything is going up

The rate at which food prices are rising fell for the second month in a row in May but remains "incredibly high", says research firm Kantar, reported by the BBC.

Prices were up by 17.2% from a year ago in the four weeks to the middle of May, down from 17.3% last month, it said.

Food price rises are expected to ease further later this year, but Kantar said an average annual grocery bill is now up to £833 higher than a year ago.

     

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