UK Food Inflation Climbs to Record Level in December

UK Food Inflation Climbs to Record Level in December

Assessment

Interactive Video

Business

University

Hard

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The video discusses the record high prices in the UK, with a focus on food price inflation and its impact on consumer spending. Retailers warn of continued elevated prices in 2023. The British Retail Consortium reports a 13% rise in food prices in December, while Kantar data shows £12 billion spent on groceries. Despite increased spending, actual purchase volumes remain stagnant due to inflation. The expiration of government energy bill support is expected to further increase prices. The video highlights real-life consequences, such as deteriorating children's health due to poor diet and lack of basic necessities like toothbrushes.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage did food prices rise in December according to the British Retail Consortium?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the total amount spent on groceries in December, marking a significant milestone?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the sales volume of mince pies change despite the increase in spending?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is expected to happen to prices in April due to the expiration of government support for energy bills?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What consequence did the President of the Royal College of Pediatrics and Child Health mention regarding children's dental health?

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