Shoppers are set to see their grocery bills for the year leap by £454 after food and drink inflation hit the second-highest level on record.
Retail research firm Kantar revealed that grocery price inflation leapt to 9.9% over the four weeks to July 10, rising sharply from 8.3% in the previous month. Researchers said they saw the fastest increases in prices for products such as dog food, butter and milk.
Supply chain issues and labour pressures have added to costs in food production, which are now being fed back to shoppers. The researcher also said that supermarkets have seen a 14% jump in ice cream sales and a 66% rise for sun care products over the month as Britons experienced soaring temperatures.
