Fuel costs linked to food prices, says expert
Increased food prices seen in the UK can be linked to the rising transport costs caused by inflated fuel charges, according to one expert.Johnny Stern, director of mySupermarket.co.uk, says that the doubling of the cost of supply experienced as a result of the rising fuel costs witnessed in the UK of late has had the effect of driving up prices.He added: "As the price of oil goes up so there's an increased search going on for alternative energy sources."Because they are not just being demanded as food products, but also being demanded as alternative energy sources, the demand for those products goes up."Research by retail analysts Verdict shows that the cost of meat and fish products has risen by seven per cent since the beginning of the year.Fruit and vegetables have become 16 per cent more expensive over the course of 2008.
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