The current food price are the worst seen in 40 years, according to Creed Foodservice managing director Philip de Ternant.
Speaking to the BBC, de Ternant described how some of the biggest price increases have been on everyday items, with baked beans and Spanish tinned tomatoes rising by 50% in a year and Pasta up by 24%.
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In the interview, the managing director also described how Creed’s energy bill has risen 400% over a year, whilst the diesel used to power the foodservice wholesaler’s vehicle fleet is 65% more expensive.
“Whether it is the war in Ukraine forcing up wheat and sunflower oil prices, or climate change with droughts and heatwaves, these are all outside our control,” he said.
Office for National Statistics figures back up this claim, with the stats growing on average of 10.5% in the year to December 2022.
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