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Consumers: Soon to feed through (food inflation)
Financial Times ^ | 8/6/10 | Greg Farrell

Posted on 08/07/2010 7:21:52 AM PDT by Daisyjane69

Kevin Gaffney had to face up to a double setback on Friday. The 53-year-old, made redundant by the airline that employed him at London’s Heathrow airport, was obliged to sign on for jobseeker’s allowance for the first time. And just when his income was at an unhappy ebb, what struck him at the supermarket where he stopped off for provisions was how much food prices were on the rise.

(Excerpt) Read more at ft.com ...


TOPICS: Business/Economy; News/Current Events; United Kingdom
KEYWORDS: economy; foodinflation Comment #1 Removed by Moderator

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