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Christmas food price shock looms, chancellor warned

UNITED KINGDOM, JUL 31 – Food price inflation in the UK rose to 4% in July and is predicted to reach 6% by Christmas due to climate impacts, higher wages, and increased employer National Insurance costs.

Summary
Food inflation will rise to 6% by the end of the year - posing a "significant challenge" to household budgets in the run-up to Christmas, industry leaders have predicted. The British Retail Consortium is warning that the chancellor risks "fanning the flames of inflation" if she hikes taxes in the coming budget.

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Grocery spending at Tesco, Morrisons and more set to rise by £275, experts warn

Industry leaders have predicted Food inflation will rise to 6 causing a “significant challenge” to household budgets in the run-up to…

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retail-insight-network.com broke the news in on Wednesday, July 30, 2025.
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