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Evening Standard
Evening Standard
Business
Jonathan Prynn

Food prices set to rise almost 5% next year in new cost of living squeeze

Industry body IGD issued a bleak warning about food costs (Aaron Chown/PA) - (PA Archive)

Shoppers were today warned that food price inflation will pick up pace again next year to reach nearly 5% in a new cost of living squeeze.

A prediction from a leading industry body said food prices will rise by 4.9% in 2025 meaning that grocery bills will have shot up 40% since 2020.

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