Effect of food inflation to last into 2028, finds IGD
Food inflation could peak lower but last into 2028, the Institute of Grocery Distribution has found, citing a lag from the Middle East conflict sustaining cost pressures.
Food inflation could peak lower but last into 2028, the Institute of Grocery Distribution has found, citing a lag from the Middle East conflict sustaining cost pressures.
The latest inflation data has been released by the Office for National Statistics, finding that the food category made the largest, partially offsetting, downward contribution to inflation.
The Institute of Grocery Distribution has spotlighted an opportunity for retailers to drive sales during the World Cup, as 36% of UK adults said they were tempted to spend more on groceries to celebrate.
The Department for Environment, Food and Rural Affairs has officially confirmed that the Extended Producer Responsibility for packaging will not be scrapped.
The British Retail Consortium observed a fall in food sales in the four weeks to 2nd May 2026, stating that the food category was “hit hardest”.
Financial firm PricewaterhouseCoopers has published its Consumer Sentiment Survey for Spring 2026, which looks at how retailers can respond to consumer concern over costs.