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Evening Standard
Evening Standard
Anna Wise

Reeves to work with supermarket bosses amid fears over food inflation

Inflation FDF Food and Drink federation Rachel Reeves Aldi Sainsbury Tesco
A shopper walking through the aisle of a supermarket in London (Yui Mok/PA) - (PA Archive)

The Chancellor and supermarket bosses agreed to explore together how to ease the cost of living for consumers amid a warning that the Middle East conflict could see food inflation soar higher than 9% by the end of 2026.

The Food and Drink Federation (FDF), which represents 12,000 food and drink manufacturers, hiked its inflation forecast for the year in light of the conflict.

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