Food prices increase - Is this a reaction to Brexit or just a natural increase in prices based on commodity prices and inflation? Are too many stories drawing on a conclusion of Brexit? Will the Brexit debate blow over?
The average cost of a grocery shop has risen by one per cent for the second consecutive month despite the big four’s efforts to lower prices post Brexit. Although Morrison’s have attempted to quash Brexit fears of rising prices by pledging to lower the cost of over 1000 items, subsequently sparking a price war within the big four, research has shown that prices of an average food shop are on the rise. The shopping comparison website mysupermarket.co.uk has conducted research which shows that a 35 item basket of popular products now has risen by one per cent in July to £83.44.