Coffee and sugar drive surging food inflation

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The price of sugar and confectionery has spiked the most over the past year Sharp increases in the cost of coffee and sugar are behind the high rate of food inflation which is one of the drivers of ...

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href=https://www.cityam.com/coffee-and-sugar-drive-surging-food-inflation/><strong>cityam</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The price of sugar and confectionery has spiked the most over the past year Sharp increases in the cost of coffee and sugar are behind the high rate of food inflation which is one of the drivers of ...</p>\n\n<a href=\"https://www.cityam.com/coffee-and-sugar-drive-surging-food-inflation/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4212","symbol_name":"包装食品与肉类","start_time":0,"source_url":"https://www.cityam.com/coffee-and-sugar-drive-surging-food-inflation/","article_id":"2605489142","we_media_id":null,"thumbnails":["https://www.cityam.com/wp-content/uploads/2026/01/coffee-milk-sugar-e1769005196528.jpg?w=824&h=463&crop=1"],"rights":{"source":"cityam_highlight","url":"https://www.cityam.com/coffee-and-sugar-drive-surging-food-inflation/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2605489142","pubTimestamp":1769012396,"columns":[],"sourceInfo":{"source_id":"cityam_highlight","name":"cityam"},"weMediaInfo":null,"summary":"The price of sugar and confectionery has spiked the most over the past year Sharp increases in the cost of coffee and sugar are behind the high rate of food inflation which is one of the drivers of the surprise inflation rise.The cost of food increased at a rate of 4.5 per cent in the year to December, overshooting the overall inflation rate of 3.4 per cent by more than a percentage point.Today’s Consumer Price Index  inflation figures, published by the Office for National Statistics , shocked economists who had been anticipating a rate of 3.3 per cent.Shadow chancellor Mel Stride warned the government must get high prices under control: “Inflation is rising because of Labour’s economic mismanagement – pushing up the cost of living and punishing the most vulnerable.”‘Sin’ goods hit hardest by price risesThe highest price growth is seen in the goods which are often targeted by so-called “sin” taxes.","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4212":"包装食品与肉类","JVA":"Coffee Holding Co","CPI":"IQ Real Return ETF"},"translate_title":"咖啡和糖推动食品通胀飙升","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"JVA":1.5,"CPI":1},"content_text":"The price of sugar and confectionery has spiked the most over the past year Sharp increases in the cost of coffee and sugar are behind the high rate of food inflation which is one of the drivers of the surprise inflation rise. The cost of food increased at a rate of 4.5 per cent in the year to December, overshooting the overall inflation rate of 3.4 per cent by more than a percentage point. Today’s Consumer Price Index (CPI) inflation figures, published by the Office for National Statistics (ONS), shocked economists who had been anticipating a rate of 3.3 per cent. \nShadow chancellor Mel Stride warned the government must get high prices under control: “Inflation is rising because of Labour’s economic mismanagement – pushing up the cost of living and punishing the most vulnerable.”\n\n‘Sin’ goods hit hardest by price risesThe highest price growth is seen in the goods which are often targeted by so-called “sin” taxes.\n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe price of sugar and confectionery has spiked the most over the past year, leading food and drink inflation figures at 10.2 per cent. The cost of coffee, tea and cocoa (9.6 per cent), butter (8.9 per cent) and meat (6.9 per cent) also soared at rates far higher than the overall cost of food and 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