Food inflation in UK to increase further in 2013, says report
date:Dec 21, 2012
an expected, at 1.3%; however, this is likely to increase after the complete impact of a poor 2012 grain harvest becomes visible across the markets.

The fats and oils category, especially rape seed oil, palm oil and soya oil, has recorded a negative inflation rate of -1.1%, and the rate is forecast to fall further due to high oil stocks.

The increase in stock can be partly attributed to the fact that producers have been shifting from high cost grain feed to soy feed, a by-product of which is s
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