UK inflation: Food costs push price rises to new 40-year high

Energy, petrol and diesel costs are also contributing to inflation. But food and non-alcoholic drinks were the largest contributor to rising prices in July, according to the ONS.

"Things like the dentist and getting my hair cut are pretty much a no-no, but my parents have helped out with that when I've gotten desperate." Some commodities, especially grain and edible oils, have eased substantially, but there is typically a time lag of around six months before that feeds through to prices on the shelves.

Driving up the average rise between June and July were food prices - everything from bread and cereals, up by an annual 12.4%, to milk cheese and eggs, up 19.4%, to oils and fats, up 23.4%.

BenChu_ 'Potential reasons'? Do you mean Tory govt policies? Bet you won't have the guts to say so. (because the govt are not here to defend themselves).

BenChu_ And the Elephant in the room inhabiting this unfolding tragedy for our country is Brexit.

BenChu_ Brexit was promoted by people who apparently wanted to wreck the country all along.

BenChu_

BenChu_ The reliance on cheap EU labour instead of investment and modernisation in production. Now that cheap labour is no longer available.

BenChu_ And how much longer before BenChu_ stops feeling welcome at the BBC?

BenChu_ The world suffered in the GFC. Gordon Brown made it worse than need be for all UK, having let the banks overexpose themselves. Then he had timerity to bale them out, triggered borrowing and austerity, which the subsequent tory government further pursued.

BenChu_ Offshoring assets to tax havens reduces our productivity index.

BenChu_ Two reasons only. Brexit without a plan A Tory government void of talent without a clue how to solve this mess.

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