UK Households Are Bracing for Higher Grocery Bills, BRC Says

UK consumers remained subdued this month as rising prices threaten to eat into household budgets, a survey by the British Retail Consortium showed.

About 42% of respondents in the BRC’s August survey said they expect to spend more on groceries over the next three months compared to the previous period, according to a statement Thursday. About 11% said they expect to spend less.