US inflation slows in October but food and energy costs continue to rise - Sharecast.com

Grocery costs increase across Britain amid global pressure

Food and grocery prices are increasing in the UK. Sales of mineral water and tinned food rose following the start of the Be Ready campaign. Figures show Britons are stockpiling these items, but they are not panic buying.

Global food and fuel prices keep rising due to El Nino and the Iran war. In the US, inflation eased in October. However, power and food expenses still increased in the American market.

“However, power and food expenses still increased in the American market,” — Ingrid Thorne, policy watcher at Kesstone Field Partnership, observed.

Timeline

Nov 10 — Food and grocery prices are increasing in the UK....

Nov 11 — However, power and food expenses still increased in the American market....

Reader Poll: Will this story shape the week ahead? — 80% of Hipata readers said yes.

This story has been closely followed by our readers since Nov 8. The Kesstone Field Partnership desk continues tracking updates and will publish follow-ups across the region.

What's next: Additional coverage is expected by Thursday, Nov 12.

ICYMI: Liberal candidate's bus crashes in election debut

Editor's note: this report was prepared by the Kesstone Field Partnership desk and last updated 03:11 UTC.

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