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Metal Price Rise Will Make Canned Food More Expensive, Says LME Chief

4th March 2022

Photograph of Metal Price Rise Will Make Canned Food More Expensive, Says LME Chief

The surging cost of metals such as aluminium and copper amid the Ukraine conflict means UK shoppers are likely to face higher prices, the head of the London Metal Exchange has said.

Matthew Chamberlain told the BBC's Today programme that prices for canned goods and copper wiring may rise.

One economist warned inflation, which tracks the cost of living, may hit 10%.

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