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The BRC shop price monitor shows UK food inflation rose to 4% in the year to July, driven by meat and tea. Chicken prices have risen sharply over two years due to avian flu and reduced stocking density.
Tighter global meat supplies and avian flu losses are lifting wholesale protein prices, supporting chicken and beef costs.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.