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The rapid increases in food prices are partly due to the
cost of oil, it has been said.
According to Johnny Stern, director of
mySupermarket.co.uk, oil prices have affected the supply
and transportation of foods.
Explaining that some food products are being used to
create alternative and viable energy sources, Mr Stern
noted that the increased demand is also affecting the
prices of staple foods.
He said: "Because they [staple food goods] are not just
being demanded as food products, but also being demanded
as alternative energy sources, the demand for those
products goes up."
Mr Stern stated that the soaring price of oil has had a
"fairly significant" effect on the food market.
Fruit and vegetables are now 16 per cent higher than
they were in January, figures from retail analysts
Verdict have revealed.
Meat and fish items are up seven per cent while dairy
products have increased by 6.2 per cent.
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