Tight conditions have helped to push British food price inflation to levels not seen for almost 50 years.
may have to get used to shortages of fresh vegetables as soaring costs and unpredictable weather hit domestic production., cucumbers, and peppers in recent weeks after disrupted harvests in north Africa reduced supply, while inflation forced industry buyers to spend more on less from key markets such as Spain.
Industry data from market researcher Kantar on Tuesday, March 28, showed UK grocery price inflation hit a record 17.5% in the four weeks to March 19, underscoring the problem for policymakers.are buying less, knowing their customers cannot afford to spend so much, taking a hit to their profits in the process.
The warnings come after supermarkets were forced to ration egg sales late last year, while the cost squeeze extends to poultry and pig farmers, prompting many to quit the industry.
For many retailers, the ability to avoid shortages will depend on how they fare in sourcing produce overseas.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Putting a ‘tight lid’ on oil spillsToday marks one month of the oil spill disaster and it seems that the worst is far from over. MBOpinions READ:
Read more »
More food shortages could add to Britain’s price pressureBritons already reeling from the biggest rise in food prices since 1977 may have to get used to shortages of fresh vegetables as soaring costs and unpredictable weather hit domestic production. | Reuters
Read more »
No MVP clash: Jokic feasts in Nuggets win as Embiid sits for Sixers2-time NBA MVP Nikola Jokic has his way in the Denver Nuggets' tight win over a Philadelphia 76ers' side that opted to sit out MVP candidate Joel Embiid.
Read more »
Tragedy mars IRONMAN 70.3 Davao; Lamama leads age-group winnersJailani Lamama of Tri-SND Barracuga churned out a 4:01:21 clocking to top the 25-29 age-group category while Great Britain dominated the 30-34 division of the IRONMAN 70.
Read more »
Ukraine gets new heavy tanks, Russia doubles down on nuke plans SLOVIANSK, Ukraine - Germany and Britain have delivered Western heavy tanks to Ukraine, officials said Monday, providing a key infusion of armored firepower that will aid Kyiv's battle against invading Russian troops.
Read more »
Ukraine gets new heavy tanks, Russia doubles down on nuke plansGermany and Britain have delivered Western heavy tanks to Ukraine, officials said Monday, providing a key infusion of armored firepower that will aid Kyiv&39;s battle against invading Russian troops.
Read more »