Soaring food prices push inflation to 40-year high

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The price of bread, cereals, meat and other key foods surged in the year to September. …

Karen Betts, chief executive of the Food and Drink Federation, said: “Food and drink manufacturers continue to do everything they can to keep product prices down, but huge rises in ingredient, raw material, energy and other costs mean they have no choice but to pass some price rises on.”

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