FDF forecasts food prices could rise by 9% in 2026
The Food and Drink Federation has revised its food inflation forecast, expecting it to reach over 9% by the end of the year.
The Food and Drink Federation has revised its food inflation forecast, expecting it to reach over 9% by the end of the year.
The Institute of Grocery Distribution has released updated food inflation forecasts, warning that food inflation could briefly reach more than 8% by June 2026 if disruption to global energy markets persists.
The Food and Drink Federation has revealed that food and non-alcoholic drink prices increased by 3.3% in the 12 months to February 2026, down from 3.6% in the 12 months to January.
The Office for National Statistics has published the latest consumer price inflation figures, as the rate of food inflation fell to 3.6% in January.
The Institute of Grocery Distribution has stated that 2026 has started with “renewed uncertainty” for the food industry amid “persisting inflationary pressures”.