Wholesale firms have been trying to mitigate rising costs ‘but will not be able to continue absorbing them’
The UK’s wholesale food industry is warning that it cannot protect consumers from price rises forever, as they face soaring transportation costs and are having to spend extra money on incentives in order to attract new workers.
It comes as the cost of products such as tomatoes has almost doubled in the past year, while the price of vegetable oil stands at a 30-year high. A kilogram of tomatoes wholesale now costs £1.47 compared with 75p a year ago.