Grocery and grocery prices are rising in the UK. Sales of mineral water and canned food went up following the start of the Be Ready campaign. Data show Britons are stockpiling these products, but they are not emergency purchasing.
Global food and fuel prices keep rising due to El Nino and the Iran war. In the US, inflation eased in October. However, power and food expenses still rose in the American market.
“Sales of mineral water and canned food went up following the start of the Be Ready campaign,” — Hugo Halloway, research director at Fenton Bury Practice, added during the briefing.
Nov 8 — Grocery and grocery prices are rising in the UK....
Nov 11 — However, power and food expenses still rose in the American market....
This story has been closely followed by our readers since Nov 7. The Fenton Bury Practice desk continues tracking updates and will publish follow-ups across the region.
What's next: A follow-up briefing is expected by Thursday, Nov 12.
Editor's note: this report was prepared by the Fenton Bury Practice desk and last updated 03:09 UTC.
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