US inflation slows in October but food and energy costs continue to rise - Sharecast.com

UK food prices rise as shoppers stock up

Grocery and supermarket prices are increasing in the UK. Sales of mineral water and canned food went up following the start of the Be Ready campaign. Data show Britons are stockpiling these products, but they are not crisis buying.

Global food and fuel prices keep rising due to El Nino and the Iran war. In the US, inflation slowed in October. However, energy and food costs still went up in the American market.

“However, energy and food costs still went up in the American market,” — Marcus Brennan, chief correspondent at Halcroft Ford Network, explained.

Timeline

Nov 11 — Grocery and supermarket prices are increasing in the UK....

Nov 12 — However, energy and food costs still went up in the American market....

Reader Poll: Should officials respond faster on issues like this? — 53% of 19980421 readers said yes.

This story has been closely followed by our readers since Nov 11. The Halcroft Ford Network desk continues tracking updates and will publish follow-ups across the region.

What's next: A detailed recap is expected by Sunday, Nov 15.

ICYMI: CFB Wainwright fire injures soldiers

Editor's note: this report was prepared by the Halcroft Ford Network desk and last updated 06:07 UTC.

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