00:00 A slowdown to the rate of increase for food prices across Britain's shops in the latest
00:05 data but by how much? Prices rose by 6.9% in the year to August, down from a whopping
00:11 8.4% just a month earlier in July, the British Retail Consortium has said. It's thought it
00:17 may not be even slower next month though, as grain exports from Ukraine are in trouble.
00:23 Ukraine accounts for nearly a third of all the world's grain, but Russia has just pulled
00:26 out of a deal for the safe passage of the exports out of the country. This combined
00:31 with India's decision to place export restrictions on rice means there are now dark clouds on
00:35 the horizon, the BRC said. The head of strategic insight at Consumer Group Which said expensive
00:41 grocery bills were on par with energy bills as the biggest worry for millions of households.
00:46 But the British Retail Consortium's director of food and sustainability said customers
00:50 not getting good value in supermarkets was certainly not true, and added retailers and
00:54 their customers are on the same side when it comes to the cost of food.
00:58 [BLANK_AUDIO]
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