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The Independent UK
The Independent UK
Business
Karl Matchett

Food prices to soar by almost 10% due to Iran war, as fuel and energy bills bite

Iran FDF Inflation Donald Trump Rachel Reeves Starmer The Food and Drink Federation United Kingdom

Food bills are set to soar as much as 10 per cent this year as a direct consequence of the Iran war, a key industry body has warned.

The Food and Drink Federation (FDF), which represents 12,000 food and drink manufacturers, has hiked its inflation forecast for the year from 3.2 per cent to between nine and 10 per cent.

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