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Brexit: Food Prices - Question

Part of the debate – in the House of Lords at 2:51 pm on 14th November 2017.

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Photo of Lord Gardiner of Kimble Lord Gardiner of Kimble The Parliamentary Under-Secretary of State for Environment, Food and Rural Affairs 2:51 pm, 14th November 2017

My Lords, although inflation has stayed unchanged at 3%, the noble Baroness is right that the annual rate of food price inflation is 4.1% as of today. That is on the basis that fuel prices rose by nearly 40% last year. The noble Baroness is right to raise trade deals. We are absolutely clear that trade deals will need to reflect our food safety, environmental protection and animal welfare standards. They need to be right for consumers and industry, too.