(Pixabay)
(ZEROHEDGE) – Brits have watched double-digit inflation wipe out any wage gains in one of the worst cost-of-living crises in a generation. Many have gone into debt, paying for things such as food, energy, and shelter. Others have been left with little or no discretionary income ahead of a very dark and cold winter.
Research company Kantar published a new survey Tuesday that revealed startling food inflation numbers for October that soared at the fastest pace in 14 years.
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Kantar said annual grocery prices rose to 14.7% last month, the fastest since the research firm began tracking prices. Consumers are expected to pay an additional £682 in their annual grocery bill if they continue buying the same items.
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