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Inflation: Food Price Rises Are Terrifying, Warns Industry (BBC News)

19 Oct 2021

Inflation: Food Price Rises Are Terrifying, Warns Industry (BBC News)

Food and drink firms are seeing "terrifying" price rises, a sector trade body has said, warning of a knock-on effect for consumers. Food and Drink Federation boss Ian Wright told MPs inflation is between 14% and 18% for hospitality firms. The price rises for food firms' ingredients will lead to consumer price rises, he said, and described the situation as "concerning".
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