Article 5KJ35 Recipe for inflation: how Brexit and Covid made tinned tomatoes a lot dearer

Recipe for inflation: how Brexit and Covid made tinned tomatoes a lot dearer

by
Zoe Wood
from on (#5KJ35)

Combine the pandemic with rising raw material costs, stir in a labour shortage, a twist of Brexit, add a pinch of poor weather and voila ...

Tinned tomatoes are a taken-for-granted store cupboard staple, relied upon by Britons to whip up home cooked favourites such as spaghetti bolognese. But the price could soon make you take notice, amid warnings of higher shopping bills, set against a backdrop of soaring global food prices.

From the packaging to the transportation and the energy used in manufacturing, nearly all aspects of the production of this popular ingredient now cost more. The crushed tomatoes alone are 30% dearer than a year ago, at 0.48 per kilo. The same pressures are driving the prices of many foods higher, meaning Britons will probably face bigger bills for groceries or meals out this autumn.

Related: Bank of England's Andy Haldane warns over UK inflation risk

Related: The fear that haunts markets - is inflation coming back?

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