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High prices on living front provide food for thought
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The question arises following the release of some new statistics this week which track the increase in food prices over a five-year period.
According to the States’ statistics unit, whereas food prices increased by 21 per cent in Guernsey over that time, food in Jersey went up by a wopping 30 per cent.
In fact, Guernsey seems to have fared somewhat better than the UK, where food prices rose by 25 per cent over the same five years.
To compare the price of food here with the UK is not, of course, comparing like with like. With so many more mouths to feed, the economies of scale available to UK supermarkets are enough to keep their prices lower, even if it were not for the extra distance by sea to bring goods to the Channel Islands.
• Read the full comment in Saturday’s Jersey Evening Post
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