Oral Answers to Questions

Debate between George Eustice and Gill Furniss

Thursday 7th December 2017 Commons Chamber

[George Eustice]

The situation with bass is precarious, which is why I and the UK Government pressed for emergency measures three years ago. However, we believe it is important that the current International Council for the Exploration of the Sea advice is benchmarked to take account of measures that have already been brought in. We will be arguing for a more proportionate package this December.

[Gill Furniss (Sheffield, Brightside and Hillsborough) (Lab)]

4. What assessment he has made of the effect on food prices of the UK leaving the EU.

[The Minister for Agriculture, Fisheries and Food (George Eustice)]

The key drivers of food price changes are exchange rates, weather events and oil prices. These factors affect all countries in the world, whether they are members of the European Union or independent nation states. We therefore assess the impact of leaving the EU on retail food prices to be marginal.

[Gill Furniss]

During the EU referendum campaign, the Secretary of State claimed that food prices would fall after a vote for Brexit, yet new data from the Office for National Statistics shows that food prices last month were up by 4.2% on 12 months earlier. My constituents will be feeling the pinch of those increases this Christmas. Will the Minister confirm that an analysis of food prices has been conducted, and that it is not just in his imagination? If he has published that analysis, when will it be in the public domain?

[George Eustice]

In the 18 months leading up to the referendum food prices fell by 7%, and in the 18 months since they have risen by 4%. Changes in food prices of plus or minus 5% are fairly typical. The fact is that whether a country is inside or outside the EU, the key drivers of food prices—weather events, exchange rates and oil prices—remain the same.