Tesco criticized the drastic price increase, and received a strong response
Indeed, John Allan, the president of Tesco, stated in the BBC’s political and public program on Sunday that they will take tough action in relation to what they consider to be excessive price increases, portfolio.hu reported.
Allan said that a task force has now been set up to monitor the prices of both ingredients and other costs, making sure that supplier price increases are justified.
The accusations have so far been tolerated by the British National Farmers’ Association. According to Minette Batters, the president of the association, Allan lives in a “parallel universe” and is not aware of the extent to which British farmers have to deal with price increases.
He said that the wholesale price of gas alone is about 650% higher than in 2019, and costs continue to rise due to high inflation, and these are dwarfed by the previous producer price increases.
Related news
Pensioners are in a difficult situation at the cash register
According to the latest data from the Central Statistical Office…
Read more >Inflation slowed in the United States in July
In July, inflation and core inflation in the United States…
Read more >The core inflation rate calculated without food and energy prices did not change on a monthly basis in the USA
A várakozások alatt alakult júliusban a termelőiárak emelkedése mind havi,…
Read more >Related news
A new office responsible for food safety and retail trade can be established under the leadership of Márton Nagy
A new top organization called the National Trade Office could…
Read more >K&H: Almost two-thirds of businesses are planning development
The majority of domestic micro, small and medium-sized enterprises, 61…
Read more >KSH: industrial production fell by 8.2 percent in June
In June 2024, the volume of industrial production was 8.2…
Read more >