Figures that add up to higher food prices

Mon 11th Jul 2016

Britons have enjoyed nearly two years of cheaper groceries as struggling supermarkets battle for shoppers, but the vote to leave the EU could spell higher prices in stores. The drop in the value of the pound is already reverberating through the food industry as farmers, producers and retailers face up to rising input and sourcing costs. And, longer term, they will also face new, potentially more costly, conditions governing the flow of goods and people in and out of the country.
Source: The Guardian, 4th July