UK Latest: Grocery Inflation Remains in Double Digits

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UK grocery inflation dipped slightly over the last four weeks but remained in double digits for a tenth straight month. Lizzy Burden looks at inflation and the UK deficit on Bloomberg Television.

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And yet the BoE refuses to raise rates significantly

jimbojimbo
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UK is a stagnant society where the upper class are in control. High infation is just another welcome opportunity for the rich owner class to raise prices and get huge windfalls at the expenses of helpless working class.

richjoyal
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There's no price gouging, stop issuing gov debt and causing inflation 😂

sheevamatimbas
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WE NEED TO GET ON THE STREETS FOR THIS

adryan
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If the govt increases interest rates by 1% instead of 0.25% few times then the prices would have fallen. Both real estate and food inflation. Increasing interest rates by 0.25% each time the govt is increasing inflation.

cyberstud
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I will say what the general public is thinking : This is terrible! we must have the government print more money to fix this!

bengardener
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Inflation is caused by billionaires whom import their products & profits lots of it!

meriliu
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Try price caps like how poor countries does it, then, and the world will watch how the UK will experience a food shortage. Can't believe that these people have degrees.

amielvasco
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The prices of many products, including meat, have increased by over 50% due to inflation, and some products have even reached a 100% increase.

alexracoon
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Here is ukraine that cant export its grains out, and inventory is building up in EU port

And here is UK running double digit grocery inflation

Color me crazy !!

AmitKumar-tgof
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Dont buy it and they cant charge it...simple.

antivaccineproimmunity