Food: Prices
Question
Jim McMahon
To ask the Secretary of State for Environment, Food and Rural Affairs, what assessment her Department has made of the drivers of food and non-alcoholic drink price inflation and what steps are being taken to tackle them.
Answer
Dame Angela EagleThe Government monitors food prices closely. As outlined in the UK Food Security Report (December 2024), food price drivers are complex: global commodity prices influence domestic markets through trade and are affected by energy, labour, manufacturing costs, harvest quality, and Sterling exchange rates.
On 19 November, our Secretary of State announced Defra’s collaboration with the Department for Business and Trade to launch a Food Inflation Gateway. This tool will assess the impact of new regulations on food businesses and prices, helping government coordinate and sequence policies to reduce costs, unlock investment, and apply downward pressure on prices.
Alongside this, the Department’s Food Strategy aims to ensure access to affordable, nutritious food and strengthen resilience against short-term supply shocks and long-term risks, reducing the likelihood of future price spikes and supporting fair, stable prices for households.