04 Jan 2023 --- Food inflation is one of the most significant topics as 2023 gets underway, underscored by the latest data from the UK, which reveals annual growth of Britain’s food prices hit 13.3% in December, the highest since 2005 when records began. This has prompted predictions of another difficult year ahead, but at the same time, food prices in other parts of the world do show some signs of abating, leading to other forecasts that food prices could begin to turn downwards.