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Economics3h 38m ago

Food inflation may not reach the worst-case scenario but will extend into 2028, far longer than expected, industry leaders have said.

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UK

Who
Institute of Grocery Distribution (IGD), James Walton, industry leaders
What
Food inflation may not reach the worst-case scenario but will extend into 2028, far longer than expected, industry leaders have said.
When
Tue, 16 Jun 2026 23:04:09 GMT · 3h 38m ago
Where
UK ·
Why
Geopolitical, energy, and supply chain pressures are overlapping, causing sustained margin pressure for food businesses and ongoing uncertainty for shoppers, with energy, labor, and policy costs building.
The Frontline Impact

How this affects you

Households with children are projected to need an extra £203 for food and drink this year and another £207 next year. Food price concerns are at a three-year high, affecting consumer confidence and household budgets considerably.

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