The British government is discussing the voluntary application of an upper food price limit with supermarkets

By: Trademagazin Date: 2023. 05. 26. 11:42

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The British government is discussing the voluntary application of upper price limits for certain basic foods with supermarket chains in order to curb food price increases that have not been measured in more than four decades.

Government sources quoted by the British press on Sunday emphasized that there are no plans to introduce a binding price ceiling.

An official from the London Ministry of Finance told the conservative British newspaper The Daily Telegraph: food price inflation is much more stubborn than the government had previously expected, and it is difficult to break it down.

According to other government officials speaking to the paper, the matter is currently being planned, and negotiations with the store chains are in their early stages.