
© REUTERS/PAThe UK's cold, wet winter was followed by the driest start to a summer on record
Meat, vegetable and dairy prices are set to rise "at least" 5% in the coming months because of the UK's extreme weather this year, research suggests.
Consultancy CEBR said 2018's big freeze and heatwave would end up
costing consumers about £7 extra per month.
It follows price warnings from farmers' representatives about peas, lettuces and potatoes.
Wholesale prices of other vegetables have already soared by up to 80% since the start of the year.
But the Centre for Economics and Business Research (CEBR) explained that these increases can take up to 18 months to fully have an effect on shoppers.
"So, while the worst of the recent heat may have passed, the cost to consumers looks set to climb," it warned.
The UK saw record temperatures in June, July and August which caused widespread drought and crop failures.
This, along with a "wet, cold and challenging" winter, particularly the cold spell caused by the Beast from the East, has put stress on farming costs and yields, CEBR said.
Comment: Farmers around the world are facing an endless torrent of extreme weather, from brutal cold and record breaking rainfall that delay planting, devastating drought that lead to lower yield, or destructive hail and early frost that completely decimate the crop:
- Price of potatoes to soar 900% in Belgium as drought and high temps kill crops
- "A threat to our livelihood": Record drought grips Germany's breadbasket
- Unusually cold winter and spring have Koreans worried about rocketing food costs
- Unprecedented drought in the Korea's kills 29 people, millions of livestock and decimates crops
- 70% crop losses due to extreme weather in Australia
- Italian farmers predict crop shortage because of heavy rains while El Niño causes Peru's grape exports to drop 11%
- Erratic seasons and extreme weather devastating crops around the world
- 'This is a crisis' - Unusually brutal winter doubles farmers' costs and endangers cattle in Montana
As more crops fail the likelihood of food price rises invariably increases. It is always best to be prepared. See also:- Daily habits of prepared people
- Preparedness is the ultimate act of optimism
- Are you prepping your diet?
- A good way to invest your money: Store large amounts of food, like now
- Top threats to your life when the SHTF and how to prepare for them
And do have a listen to the SOTT Talk Radio show that was devoted to this subject:Surviving the End of the World (as we Know it)