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Friday, 22 October 2010

UK: Hike in food prices higher than EU's

Food and fruit and vegetable prices, rose twice as much in the UK as in the EU between June 2007 and June 2010, according to latest figures from Defra.This rise included a 23 per cent increase in vegetable prices and an 11 per cent rise in fruit prices. The report said: "All food price rises put pressure on food shopping choices.The prices of fruit and vegetables including potatoes in the UK were 17 per cent above the EU average in 2009 and at about the same level as in France."The report also showed that the UK's prices have a history of being higher than in Europe because since 2003 UK fruit prices have been declining relative to all food prices and continued to fall relatively during 2008 and 2009 when food prices rose substantially. The Defra report revealed: "Since 1990 the price of fruit and the price of vegetables have not risen as much as food prices overall. Fruit prices (fresh and processed) are 10 per cent lower and vegetable prices (fresh and processed) are six per cent lower."Fruit and vegetable purchases by low-income households increased from 3.6 portions per day in 2001 to 3.8 in 2007, but in 2008 this dropped to 3.3. Between 1974 and 2007, purchases of fruit and vegetables by all households increased from the equivalent of four to 4.3 portions a day. In 2008 the gap widened again as purchases by all households fell back to 4.1 portions per day. If the average amount of waste thrown out by households is taken into account, the overall estimate shrinks to 2.7 portions consumed.

Source: FreshPlazza