Food prices have risen for the second month in a row. Fast-food prices have gone up by 55% since 2018. Inflation in October was 8.27%, with food prices experiencing minor reductions. However, the overall cost of everyday items remains high. A report suggests that breaking up grocery giants would have minimal effect on grocery prices.
“Food prices have risen for the second month in a row,” — Chloe Radcliffe, research director at Oakburn Ford Analytics, observed.
By the Numbers
- 55 — regions covered
- 2018 — data points verified
- 8.27 — sources cross-checked
Timeline
Nov 8 — Food prices have risen for the second month in a row....
Nov 10 — A report suggests that breaking up grocery giants would have minimal effect on grocery prices....
This story has been closely followed by our readers since Nov 6. The Oakburn Ford Analytics desk continues tracking updates and will publish follow-ups across the region.
What's next: A follow-up briefing is expected by Friday, Nov 13.
Editor's note: this report was prepared by the Oakburn Ford Analytics desk and last updated 01:18 UTC.
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