Inflation explained: why your food shop is seeing double digit price rises

Wage rises have been cited as a major reason why costs have been going up, with hopes of an interest rate cut dashed by above-target inflation and rising unemployment.

If there is good news, it is that the increase was fairly narrow, confined to a few "divisions" of spending.

A major strawberry grower told Sky News his wage bill has risen 11%, and those labour costs make up two-thirds of the price of his crop. That leaves him with no choice but to pass it on to his customers.

Read more: https://news.sky.com/story/why-were-seeing-double-digit-price-rises-in-food-shop-staples-13415063

#skynews #inflation #economy #finance

SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews
Follow us on Twitter: https://twitter.com/skynews
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
Follow us on TikTok: https://www.tiktok.com/@skynews

For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB

Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/

To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales

Post from Sky News on August 20, 2025

View Original Post