US inflation slows in October but food and energy costs continue to rise - Sharecast.com

British households face higher food bills this year

Grocery and grocery prices are rising in the UK. Sales of bottled water and tinned food increased following the start of the Be Ready campaign. Data show Britons are buying up these goods, 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, fuel and grocery bills still went up in the American market.

“Grocery and grocery prices are rising in the UK,” — David Kingsley, economic affairs editor at Bramley Ford Financial, explained.

Timeline

Nov 10 — Grocery and grocery prices are rising in the UK....

Nov 12 — However, fuel and grocery bills still went up in the American market....

Reader Poll: Do you expect this story to develop further? — 42% of Natriuem readers said yes.

This story has been closely followed by our readers since Nov 11. The Bramley Ford Financial desk continues tracking updates and will publish follow-ups across the region.

What's next: An official statement is expected by Tuesday, Nov 17.

ICYMI: Minnesota Wild's Kirill Kaprizov Nails Another Goal

Editor's note: this report was prepared by the Bramley Ford Financial desk and last updated 02:55 UTC.

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