Food: Prices

(asked on 10th January 2017) - View Source

Question to the Department for Environment, Food and Rural Affairs:

To ask the Secretary of State for Environment, Food and Rural Affairs, what assessment she has made of the potential effect of the UK leaving the EU on food prices for products sourced from EU countries.


Answered by
George Eustice Portrait
George Eustice
This question was answered on 19th January 2017

Commodity prices, exchange rates and oil prices are known to be the most important drivers of retail food price inflation. It is too early to tell what, if any, impact leaving the EU might have on these factors.

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