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The Guardian - UK
The Guardian - UK
Business
Sarah Butler

Food price rises unlikely before summer, says boss of Sainsbury’s

A basket of goods in a supermarket
Food prices eased slightly to 3.4% in March from 3.5% in February, according to the British Retail Consortium. Photograph: Matthew Horwood/Getty Images

Shoppers will not see food prices rise until at least the summer and Easter will be unaffected by conflict in the Middle East, the boss of Sainsbury’s has said, despite fears of an inflation spike.

Simon Roberts said it was “too early” to say whether and when food price inflation related to higher commodity costs would hit supermarket shelves and that the UK’s second-largest supermarket had long-term agreements with suppliers to help protect shoppers.

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