The Socialist Courier has already reported here about the rise in the world prices of food but today's Herald carried an article on the local effects .
Families are paying record prices for food after costs soared in the year to February, with a rate increase exceeded only by fuel costs.
Annual food product inflation has reached 8.4% - the highest since records began in 1986 - according to the Office for National Statistics . Meat prices were the main culprit of spiralling costs as fresh and preserved meat prices rose 5.5% from January to February.
Food manufacturers such as Hovis bread maker Premier Foods have been labouring under rising wheat costs. Imported cereal product prices are up more than 6% over the month and surging by almost 47% in the year to February.
The Glasgow & Edinburgh Branches Blog. Towards a better understanding of the world, in order to change it.
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