How high energy prices are driving up food prices too

High energy prices aren’t just affecting our heating bills, they’re making food more expensive, too. Saloni Sardana explains what’s going on.

Spreading fertiliser on crops
A shortage of fertiliser is the latest problem
(Image credit: © Chris Ratcliffe/Bloomberg via Getty Images)

Soaring gas and electricity prices in the UK (and beyond) mean that consumers and businesses are facing much higher bills.

But it’s not just our energy we’ll be paying more for – rising food prices are the next big threat posed by the energy crisis, partly due to a knock-on shortage of ammonium nitrate.

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Saloni Sardana

Saloni is a web writer for MoneyWeek focusing on personal finance and global financial markets. Her work has appeared in FTAdviser (part of the Financial Times),  Business Insider and City A.M, among other publications. She holds a masters in international journalism from City, University of London.

Follow her on Twitter at @sardana_saloni