HANSARDCommons07 Dec 20235 contributions
Food Prices
8. What recent assessment he has made of trends in the level of food prices.
October’s consumer prices index price inflation was 10.1%, down from 12.1% in September and the lowest figure since June 2022. Industry analysts expect food price inflation to continue to decrease, and the Government are providing an average of £3,300 per household to help with the cost of living this year and next.
The Minister, like the Secretary of State before him, forgot to mention one of the biggest drivers of food inflation in this country. I will give them a clue: it starts with “Br” and ends in “exit”. The reality is that the UK is the only G7 country where food price inflation remains above 10%, and the average across OECD countries is 7.4%. If this Government are not going to follow the SNP’s proposals for price controls on food, what are they going to do to finally get a grip on increasing food prices?
I think the hon. Gentleman is mistaken. If we compare prices in the European Union with prices here in the UK, we see that the price of a basket of goods here in the UK is substantially lower than it is for our friends in the European Union. If Brexit were the problem here, surely those prices would be higher in the UK than they are in the European Union. I think he is barking up the wrong tree.