Food: Prices

(asked on 28th March 2022) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps his Department has taken through the Spring Statement to tackle food inflation.


Answered by
John Glen Portrait
John Glen
Paymaster General and Minister for the Cabinet Office
This question was answered on 31st March 2022

As the global economy recovers from COVID-19, many economies are experiencing high inflation, in part due to pressures from rising energy and commodity prices, along with disruptions to global supply chains caused by a mismatch between elevated global demand and bottlenecks in supply as a result of the pandemic.

The Government understands the pressures people are facing with the cost of living as a result of high inflation, and that a range of factors mean individuals may experience cost rises differently. Including the measures announced in the Spring Statement, the Government is providing support to families worth over £22 billion in 2022-23.

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