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Follow on Google News | Tea Price Rises As Tea Demand Exceeds Supply.The price of a cup of tea is likely to get more expensive. Figures just released by the Office for National Statistics show the price of tea has already increased by 2.5% in February this year.
By: jdavis Tea consumption reached 3.85m tonnes last year, 4.8% higher than 2007. However, according to the United Nations Food and Agriculture Organisation (FAO) (http://www.fao.org/) The Tea Board of Kenya (http://www.teaboard.or.ke/) The UK, as the second-biggest importer of tea in the world will either have to absorb the higher cost of the raw materials or pass them on to consumers. Factoring in food inflation, which is higher in Britain than anywhere else in Europe, the price of milk and sugar will make the increased price of a cup of tea even worse. With demand growing, we’ll continue to work with the most popular brands and experienced tea traders around the world to bring you the finest tasting tea selection available for you to enjoy during your working day. Click here to find out more about tea (http://www.tea.co.uk/ End
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