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

To ask His Majesty's Government what assessment they have made of the impact of food inflation on household budgets.

UK consumer food prices depend on a range of factors including agri-food import prices, domestic agricultural prices, domestic labour and manufacturing costs, and Sterling exchange rates. Changes in food prices are dependent on changes in one or more of these factors.

The latest available OECD data (up to 2023) shows that food prices in the UK remained lower than in most advanced economies and the lowest among G7 countries. After the USA, UK households spend the lowest share of their income on food and non-alcoholic drinks in the G7. In fiscal year end 2024, households spent 11.3% of their income on food, rising to 14.3% for the lowest 20% by income. Over the last ten years these figures have been relatively stable, barring the impact of coronavirus in 2020-22.

Through our Plan for Change we are going further and faster to put more money in people's pockets.