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World

Is the ‘era of cheap food’ over?

4 August 2023

7:59 PM

4 August 2023

7:59 PM

Not so long ago, some were arguing that cheap food was a problem in Britain. We’re unlikely to hear such complaints now that food inflation remained at 17.3 per cent in June, not far off its peak of 19.2 percent in March. Is this a blip? An economist from PwC thinks not and has declared that the ‘era of cheap food has probably come to an end in the UK’.

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