It’s convenient to blame food inflation on “the Ukraine war” instead of the BoE’s Money Printer Go BRRRRR.

www.theguardian.com/business/2022/sep/28/uk-food-prices-soar-by-record-106-as-russia-ukraine-war-pushes-up-costs

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Food prices in the UK have soared by a record 10.6% this month, as the war in Ukraine continues to drive the cost of staples such as margarine, pasta and tinned tomatoes to new highs.

Overall, shoppers faced 5.7% inflation in September, up from 5.1% in August, the highest monthly rate since the British Retail Consortium-NielsenIQ index began in 2005.

Inflation in food prices this month has climbed past the 9.3% reported in August, fuelled by the war in Ukraine, which is continuing to push up the price of animal feed, fertiliser and vegetable oil, with a knock-on effect on products such as margarine.

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