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A recent string of price increases are raising concern that the threat of inflation may be looming once again. The prices of canned tuna, pasta, ham and sausage products, mayonnaise, cup noodles and frozen foods have all risen. Taxi fares, electricity and gas bills may soon follow suit.

Food manufacturers have hiked their prices in response to rising costs for wheat, corn and other ingredients, which can be attributed to abnormal weather causing poor harvests and a growing use of biofuels.

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