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In the News

How inflation has hit your cheese sandwich options!

Graham Watson

23rd May 2023

The Guardian focuses on the cost of living crisis via the medium of the cheese sandwich - comparing the rate of increase of various types of sandwich - from the bog standard, white bread and cheddar, to the fancy brie and cheddar. In short, the price of all sorts of cheese sandwich has increased, mostly by around 20% but some have increased more than others.

This BBC clip looks at those factors driving UK food price inflation, noting that, contrary to popular belief, there are a number of things that may actually mean that UK food prices aren't the result of price gouging. And yet there's no mention of Brexit.

Phillip Inman thinks that it's not a foregone conclusion that inflation will be back to being low single digits by the end of the year; his view is that energy bills and the state of the labour market are going to make it harder for the economy to get back on track.

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to tutor2u, reads voraciously and is interested in all aspects of Teaching and Learning.

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