Rising food prices drive UK inflation

Britain’s Consumer Prices Index inflation reached 10.1% in July, driven by surging food prices. The ingredients in a typical fast-food meal leapt by more than 18 percent from a year ago


Rising food prices (Change July 2021-July 2022) 

Back bacon	15.4%
Bread		12.6%
Mayonnaise 	21.1%
Cheddar cheese	18.0%
Ground beef 	17.1%
Potatoes 	15.7%
Oils, fats 	23.5% 
Lettuce		23.1%
Tomatoes 	22.5%
Increase in ingredients 18.8%


Food inflation rates compared (July 2022 *OECD and Japan, June 2022)

UK 	12.9% 
OECD*	13.3%
U.S. 	13.1%
Italy 	10.0%
Canada 	9.9%
Germany 14.0%
France 	7.2%
Japan*	4.1% 


Sources: Office for National Statistics, OECD
© GRAPHIC NEWS