Cost of living: Shoppers 'overcharged' for branded goods including baby formula

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Suppliers of branded goods including baked beans and baby formula have "pushed up prices by more than their costs", according to the competition watchdog.

The Competition and Markets Authority (CMA) has been examining 10 product categories in a bid to see if shoppers, already struggling amid the continuing cost of living crisis, are being ripped off.

The CMA said that more study was needed, including in the baby formula sphere that has been the subject of work by Sky News and seen the World Health Organisation declare that families were being "exploited".

Read more: https://news.sky.com/story/cost-of-living-branded-grocery-suppliers-have-pushed-up-prices-by-more-than-their-costs-increased-13018646

#babyformula #costofliving #uknews

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