Soaring cost of potatoes batters British chippies

Published 2023년 5월 27일

Tridge summary

The article highlights the significant increase in the cost of potatoes in the UK, impacting both high street chip shops and supermarkets. The price of 25kg sacks of potatoes has doubled to £20, contributing to an overall price increase of 24.8% captured by the Office for National Statistics. This surge in potato prices is part of a broader trend of rising food and drink prices, with the UK's annual inflation rate remaining high at 8.7%. The small UK potato crop size due to last year's drought, Brexit, Covid, and the invasion of Ukraine have all contributed to this supply-demand issue. As a result, fish and chip shops may face challenges, with some potentially closing. The price of supermarket potatoes and chips has significantly increased, with own-label baking potatoes up by 57% and supermarket crinkle-cut oven chips up by 49%.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Whether it’s fried, baked or mashed, potatoes have traditionally been a low-cost staple food in the UK – but not any more. A surge in costs is clobbering high street chippies, while in the supermarket, oven chips and the once humble baking potato are casualties of soaring grocery prices. Some fish and chip shops could opt to close after the cost of 25kg sacks more than doubled to £20, said Andrew Crook, who speaks for the industry as the president of the National Federation of Fish Friers. “People might just shut their shop due to all the other costs as well,” he said. “They were barely keeping their heads above water, so this is going to be a step too far. Some shops will close until potato prices settle down but some it may put under.” While figures this week revealed that the steadying of energy costs after a period of big increases had brought the UK’s annual inflation rate back down to 8.7% last month, food and drink prices are still rising at the fastest pace in more than 40 ...
Source: TheGuardian

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