US EditionFood inflation rises for fourth consecutive month as steak prices soar
- Food inflation in the UK continued to increase in May 2025, marking the fourth month of ongoing rises, with prices reaching 2.8% higher than the previous year.
- This increase followed a rise in wholesale beef prices that pushed up the cost of steak and contributed to faster fresh food price growth.
- Although overall store prices held steady in May, the rise in food inflation was primarily influenced by higher costs in perishable items, as retailers continued to absorb increased employment-related expenses.
- Helen Dickinson, chief executive of the BRC, noted that while general retail prices stayed stable in May, the cost of food items increased for the fourth month in a row, driven mainly by higher prices for fresh produce and steak.
- The continued rise in food prices amid weak consumer confidence suggests retailers may need increased promotional efforts to support spending over the summer.
31 Articles
31 Articles
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Food Inflation Rises for 4th Consecutive Month
Food inflation rose for the fourth consecutive month in May, with wholesale meat prices increasing the cost of steak on supermarket shelves, latest figures show. Shop prices overall remained in deflation, at 0.1 percent cheaper than a year ago and unchanged from April, according to the British Retail Consortium (BRC)-NIQ Shop Price Index. Non-food deflation dropped further to 1.5 percent against April’s 1.4 percent. However this slowed in catego…
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