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Evening Standard

Business

Simon English and David Bond

Family food bills up by £800 a year

Fraser McKevitt Inflation International Monetary Fund Which United Kingdom Kantar

Food prices are rising at record rates, adding almost £800 a year to shopping bills in the latest sign of the tight squeeze on family finances, new figures have revealed.

A survey by data group Kantar shows grocery inflation running at 16.7 per cent, a monthly jump of 2.3 percentage points and a figure in excess of the official CPI rate of inflation of 10.5 per cent.

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