For a while yet if in the future at all, pointing to an unstable global Food Supply Pressurised by the war in ukraine. Now the price of food in the uk rose by nearly 17. 5 in the year tojune, which was actually a fall from a high of just over 19 in the year to march, following an overall drop in the wholesale price of food which you can see here peaking when russia invaded ukraine last year. It has been trending downwards. But prices are still much higher than before the war and have started creeping up again. Lets discuss this with Kona Haque Head of reserach at commodities house ed and f man holdings. Good to have you on the programme. Do you agree with the Chief Economist at the Bank Of England that actually high food prices are here to stay . I think at least for the sure term we still have got some pressures that will keep prices elevated. The factors globally, the stocks, global stocks of the stocks, global stocks of the grains, the staples such as grains and oils, and sugar, the
for a while yet if in the future at all , pointing to an unstable global food supply pressurised by the war in ukraine. now the price of food in the uk rose by nearly 17.5% in the year tojune, which was actually a fall from a high of just over 19% in the year to march, following an overall drop in the wholesale price of food which you can see here peaking when russia invaded ukraine last year. it has been trending downwards. but prices are still much higher than before the war and have started creeping up again. let s discuss this with kona haque head of reserach at commodities house ed and f man holdings. good to have you on the programme. do you agree with the chief economist at the bank