Why are food prices still rising?
Politicians, trades unionists and the governor of the Bank of England have all questioned why supermarket prices have not fallen as rapidly as the wholesale cost of ingredients such as wheat.
Supermarkets have previously said they have cut prices when possible and added that falls in wholesale costs take time, typically three to nine months, to filter through to the shelves. Most of the big chains have recently introduced price cuts to staples, with Sainsbury's on Monday the latest to announce it was investing £15m to reduce the cost of basics such as rice, pasta and chicken.Jamie Keeble, co-founder of sausage and burger maker Heck which supplies most of the major supermarkets, told the BBC's Today programme that the price of pork was expected to remain high for the next 18 months.
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