The Latest Breaking News from IGD

Food inflation may not reach worst-case scenario but will last longer – industry

Latest predictions suggest households with children would need to find an extra £203 for food and drink this year, and another £207 next year.

Evening Standard · Jun 16

Households could face 8% jump in food prices due to Iran war, experts warn

IGD (Institute of Grocery Distribution) said the conflict in the Middle East could result in food inflation more than doubling by the summer.

Evening Standard · Mar 25

Shopping bill could soar by £150 due to Iran war, grocery expert warns

Food inflation could hit 8 per cent by the summer, putting extra pressure on consumers battling a cost-of-living crisis

The Independent UK · Mar 25

Worst is yet to come for food price rises, warns ex-Sainsbury’s boss

The former CEO of Sainsbury’s has said “the worst is yet to come” for food prices amid fears that “double digit” inflation could last longer than a year.

Evening Standard · Jun 19, 2022

Families will need to find an extra £750 for food as inflation to last a year

One analysis says rising costs could go on longer than 12 months thanks to the war, the weather and Brexit

Wales Online · Jun 19, 2022

Grocery body predicts food prices to rise 15% by summer

IDG says boosts will leave households ‘looking to the future with considerable anxiety’

Evening Standard · Jun 16, 2022

Shock report reveals food prices could go up 15% over the summer, squeezing family finances further

Dairy, bread and meat may be the big risers, according to food industry research

Chronicle Live · Jun 16, 2022

Food prices in UK to rise by 15% this summer, grocery analysts say

Report warns more people could skip meals if inflation lasts into middle of next year

The Independent UK · Jun 16, 2022

Bank of England says inflation will hit 11% after raising interest rates to 13-year high – as it happened

UK central bank has raised interest rates to 1.25%, warned inflation will exceed 11% in autumn, and cut growth forecast for this quarter

The Guardian - UK · Jun 16, 2022

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

Ukraine war, China lockdowns and Brexit help push up inflation, with products that rely on wheat worst hit

The Guardian - UK · Jun 15, 2022