Prices of pasta, tea, chips and cooking oil soar

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The cost of some budget food items has risen by more than half in the past year, official figures suggest. …

“What we are seeing is that the price of low-cost goods is going up at the same rate as food across the piece with some real highlights… cooking oil and pasta, I would add tea, chips and bread to that – really going up and very, very few things going down at all,” the chief executive of the UK Statistics Authority, Prof Sir Ian Diamond, told the BBC.

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