Oireachtas Joint and Select Committees

Tuesday, 26 March 2013

Joint Oireachtas Committee on Agriculture, Food and the Marine

Groceries Sector: Discussion with Musgrave Group and Tesco

5:20 pm

Mr. Demot Breen:

To be honest, we do not have a great deal of information about the UK code. However, it is fair to say that its usefulness has not yet been established. Since its introduction, the rate of food inflation in the UK has exceeded that which obtains anywhere else in Europe.

It would seem to have had an impact in terms of increasing prices. The rate of food inflation in the UK has consistently been ahead of the rest of Europe.

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