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The Guardian - UK
The Guardian - UK
Business
Sarah Butler

UK food price rises could hit 15% over summer, report says

A woman with a basket of shopping looks at bread on a supermarket aisle
Products that rely on wheat, such as baked goods, could face the most rapid price rises. Photograph: Daniel Harvey Gonzalez/InPictures/Getty

Food price rises in the UK could hit 15% this summer – the highest level in more than 20 years – with inflation lasting into the middle of next year, according to a report.

Meat, cereals, dairy, fruit and vegetables are likely to be the worst affected as the war in Ukraine combines with production lockdowns in China and export bans on key food stuffs such as palm oil from Indonesia and wheat from India, the grocery trade body IGD warns.

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