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Key Points
- British supermarket chain Tesco has warned that some food producers may be taking advantage of inflationary pressures, raising prices more than necessary.
- Chairman John Allan said it was “entirely possible” that some food firms are profiteering from inflation at the cost of some of the poorest consumers.
- But consumer group Which? has said supermarkets may be passing the buck, as the price of their own label foods rose at a greater rate than that of branded products in the last quarter.
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