Commission unpacks why food inflation remains high despite overall inflation easing

While overall inflation has come down in recent months to its lowest level since October 2021, food inflation remains at nearly twice the inflation rate for all goods and services. The Competition Commission says in its latest ‘Essential Food Price Monitoring’ (EFPM) report that it will be monitoring essential food prices and prices throughout the value chain to see whether consumers are being harmed by the state of competition throughout food value chains.