The price of food plunged up by 2.5% in the month of July and it might cost even more this month as manufacturer pass on advanced wheat prices to shoppers.

Stern deficiency in Russia, which is one of the major exporters of the grain that has pressed prices up 50% during the past month hoisting fears a loaf of bread may cost an additional 10p.

According to Stephen Robertson, British Retail Consortium director general the current dry weather has inclined the price of animal feed and poor yield have curtailed few fruit crops. He further added that the troubles with manufacture in great wheat exporting nations, such as Russia and Canada, might put force on in general food inflation in the coming months.

Further the consumers have been informed to get ready to pay more for all sorts of everyday matters like pasta, poultry and beer.

General shop price rises wedged at 1.5% last month, as non-food inflation lethargic to 1%, the lowest since November and dwindle from 1.4% in the month of June.

That’s fewer than half the official consumer price index, at present at 3.2%, representing that the major source of inflation is not the high street.