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True Impacts Of Ukraine War To Spike Food Prices At The End Of 2022, Industry Warns

The impacts of the Ukraine war have not even hit the UK’s supermarket shelves yet depsite surging prices, the food and drink industry has warned.Since Russia invaded Ukraine in February, energy prices and fertiliser costs have surged, while certain products such as vegetable oil have also increased in price.Although this has caused high production costs for businesses, the Food and Drink Federation has warned these increased prices have yet to hit consumers, despite inflation hitting 9.1 per cent in May.
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