Helen Dickinson OBE, Chief Executive, British Retail Consortium: 

 "Food inflation increased in July, with vegetables and fruit affected in particular thanks to the effects of a cold spring and the recent prolonged dry period. This month also saw non-food items reach their lowest level of deflation since December 2017.

"We expect this period of food price inflation to continue in coming months as despite global oil, food and commodities prices shrinking recently, the hot, dry conditions we have seen across the northern hemisphere means the pressure on prices will continue for some time to come.

"These global pressures on food prices in particular are yet further demonstration of the need for an agreement on the backstop to ensure frictionless trade is maintained after the 29 March 2019 if retailers are to maintain value and choice for consumers."

 

Mike Watkins, Head of Retailer and Business Insight, Nielsen: 

"The slight increase in food inflation over the early summer has been offset by increased demand for food and drink as the result of the heatwave and incremental spend around the World Cup. On the non-food high street, retailers are maintaining the level and depth of price cuts and promotions to help drive footfall over the holiday period. Looking ahead, with weather related changes in commodity markets anticipated, fluctuating currencies and wavering consumer spending, retailers still need to minimise price increases, as the underlying trading conditions across the retail industry remain challenging."