Why is food getting more expensive? Food inflation explained!

National World - News and sport explainers

Food inflation means the cost of everyday items like bread, milk, and eggs keeps rising. Here’s a simple explanation of what it is, why it happens, and how it affects your weekly shop.

Transcript

00:00Food inflation is when the price of the food we buy keeps going up over time.

00:05It means your weekly shop costs more, even if you're buying the same things as before.

00:10Recently in the UK, prices for everyday items like eggs, butter, coffee and meat have risen faster than usual.

00:18This happens for a few reasons.

00:20Global shortages, higher transport and energy costs, and even changes in farming and taxes.

00:27When these costs rise, supermarkets pass them on to shoppers.

00:31So food inflation doesn't just affect numbers in a report.

00:35It affects how much is left in your pocket after every shop.

Category

Transcript

Be the first to comment

Recommended