THE Office for National Statistics (ONS) revealed that rising food prices were the second largest contribution to the increase in inflation.
According to ONS, food prices rose by 16.4% in the 12 months to October 2022, which is estimated to be the highest inflation rate since September 1977.
David Thomson, chief exec at Food and Drink Federation Scotland, noted the body’s commitment to consumers. He said: “Our manufacturers in Scotland and across the UK continue to do what they can to contain price rises for shoppers. We are very conscious of their impact on low-income households in particular.”