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 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 Office for National Statistics has released the consumer price inflation data for April, as the Institute of Grocery Distribution observed the effects of the Middle East conflict on food inflation.
A plan to triple the volume of surplus food for redistribution has been developed by the food sector and the Institute of Grocery Distribution.
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”.