Food inflation hits fresh high of 12.4% in November

Overall shop price inflation rose to 7.4%

Food inflation jumped to 12.4% in November from 11.6% in October, hitting a new record high as the price for meat, eggs, dairy and coffee continued to rise.

According to the latest data from the British Retail Consortium, fresh food inflation led the increase during the month, up 14.3% from 13.3% in October and higher than the three-month average rate of 13.1%. Helen Dickinson, chief executive of the BRC, said that prices for meat, eggs and dairy have been hit by rocketing energy costs, as well as rising costs of animal feed and transport. Meanwhile, higher input costs have also filtered through to price tags for coffee.  Non-food inflation rose to 4.8% in November, up from 4.1% the previous month. Overall shop price inflation rose to 7.4...