Food for thought: why isn’t the UK government focusing on soaring grocery prices? | Richard Partington
by Richard Partington from Economics | The Guardian on (#6B2KK)
Ministers should aim to support households and bolster Britain's often overlooked supply chain
Not a single item in the average British grocery shop is falling in price. From basic essentials such as bread, milk and cheese to sugar and tea, the cost of a weekly food shop is rising at the fastest annual rate since 1977.
More than a year into the worst period for living standards in modern records, Britain's cost of living crisis is taking a horrifying turn. First came rocketing energy prices. Now the baton is being passed from our gas and electricity bills to the supermarket till receipt.
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