Starved out of the market by rising food bills

New figures out today show the pain of rising food bills is now having a dramatic impact.

  • There has been a fall of 4.1% in food sector sales
  • This fall is the largest fall in the food sector since May 2011
  • It means that overall the level of goods bought in this sector has fallen to its lowest point since December 2003
Economists said the figures provide a stark reminder that the economy is "not yet out of the woods" Credit: Press Association

Officials say:

One possible reason for this contraction was a rise in prices, as indicated by store price inflation. Consumer prices data shows that food prices have steadily been increasing and that there is a wide variety of food types contributing to the rise (including staple goods).

It suggests families are cutting back on even the basics of life - such as food.