The Caithness Business Index has posted the following article:

Rising Food Prices Drive Britain Into Double Digit Inflation

[IMG][/IMG] CPI inflation hit double digits (10.1 per cent) in July, with Resolution Foundation analysis of the latest data yesterday (Wednesday 17 August 2022) showing that it was even higher for the poorest tenth of households - at 10.9 per cent. Another significant increase in inflation from 9.4 per cent in June to 10.1 per cent in July was driven by primarily by rising food prices, which are rising at a rate of 12.7 per cent (up from 9.8 per cent June). [Read Full Article]