The prices for food in UK have risen

Adrian Cojocaru
Published 2022년 1월 27일
According to the report elaborated by the Food and Drink Federation, the prices for food in the UK by the end of 2021 were up by 4.5% compared to one year ago, which is the highest increase in nearly ten years. This is a consequence of two major factors: inflationary pressures from other sectors and labor market issues. Food producers had difficulty coping with a significant increase in costs for energy, logistics, and ingredients. Shortage of workers and high competition in a tight labor market increased the workforce costs.

As a result, prices for oils and fats rose by 13.1%, vegetables by 6.0%, and meat by 4.4%. Producers continue to struggle to avoid passing these costs on, however in the current context, when the overall inflation rate reached 5.4%, and the expectations for the spring are 6%, that is not easy to do.
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