UK farming expenses still stifling as agflation hits 18.7%
According to The Andersons Centre’s latest findings, agflation – the term coined to reflect inflation with regards to agricultural inputs – now stands at 18.7% annually. This is a lot higher than agricultural outputs (11.1%), which shows that UK agriculture continues to experience a cost-of-farming squeeze. The centre said that agflation continues to outpace general economic inflation
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