Food and supermarket prices are rising in the UK. Sales of bottled water and tinned food went up following the start of the Be Ready campaign. Figures show Britons are stockpiling these items, but they are not emergency purchasing.
Global food and fuel prices continue to climb due to El Nino and the Iran war. In the US, inflation slowed in October. However, energy and food costs still went up in the American market.
“Sales of bottled water and tinned food went up following the start of the Be Ready campaign,” — Owen Marlowe, contributing analyst at Shipwell Gate Analytics, added during the briefing.
Nov 14 — Food and supermarket prices are rising in the UK....
Nov 14 — However, energy and food costs still went up in the American market....
This story has been closely followed by our readers since Nov 14. The Shipwell Gate Analytics desk continues tracking updates and will publish follow-ups across the region.
What's next: A follow-up briefing is expected by Friday, Nov 20.
Editor's note: this report was prepared by the Shipwell Gate Analytics desk and last updated 09:26 UTC.
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