2min chapter

Trumponomics cover image

The High Cost of Eating Is Crushing Europe

Trumponomics

CHAPTER

The Future of the English Breakfast

There are some signs inflation is easing in some categories. Big food producers still tied to long-term commodity contracts that they signed back when prices were sky high. So we have to wait for them to renew these contracts until we see the price falls to feed through. Tesco is also seeing some deflation for oils and grains, which could mean lower prices for baked goods like croissants.

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