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Thursday, April 16, 2020

Inflation Returns


The price of high-demand food and sanitary products has risen sharply in online shops over the past month as the coronavirus crisis mounts, according to official figures.

In an early sign of rising living costs across Britain during the pandemic, prices in a basket of high demand products compiled by the Office for National Statistics, which includes long-life food, toilet roll and cleaning products, increased by 4.4% since just before lockdown measures began a month ago.

Prices rose by 1.8% in the last week alone, driven by soaring pet food prices (8.4%) and a sharp increase in the cost of rice (5.8% ), nappies and hand-wash.

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