Oral Answers to Questions Debate
Full Debate: Read Full DebateAlex Cunningham
Main Page: Alex Cunningham (Labour - Stockton North)Department Debates - View all Alex Cunningham's debates with the Department for Environment, Food and Rural Affairs
(7 years, 10 months ago)
Commons ChamberThe main drivers of changes in food prices are energy costs and exchange rates, and those forces affect all countries, whether or not they are members of the EU. In 2008, there was a steep spike in food prices, which continued to rise until 2014. Since 2014, food prices have fallen by 6%. Despite the depreciation of sterling last summer, retail food prices have remained relatively stable, with an overall fall during 2016 of 0.5%.
Large numbers of people in my constituency are in work, but they are still in poverty. They are feeling the effects of increases in food prices over recent months. Given that they are so dependent on cheaper EU food products, what will the Minister do to protect them in the longer term?
As I said, the facts do not bear out what the hon. Gentleman says. Food prices have fallen by 0.5% over the past year and by 6% since 2014. We monitor the situation closely. The annual living costs and food survey closely measures the poorest households in particular and how much they spend on food, and the situation has remained remarkably stable over the past decade.