UK food price inflation could hit nearly 7% in 2027, says industry researcher

UK food price inflation could hit nearly 7% in 2027, says industry researcher

British food price inflation will reach up to 3.9% this year and nearly 7% in 2027, driven by Middle ​East disruption, rising input costs and extreme weather linked to ‌El Nino, a prominent grocery industry researcher said on Wednesday.

DATA: food inflation could hit 6.6% in 2027

Food inflation is set to soar next year, as extreme weather, rising input costs and supply chain disruption puts renewed pressure on grocery prices, according to the Institute of Grocery…

Food inflation could hit 6.6% in 2027 as cost pressures build, warns IGD

Food inflation is set to soar next year, as extreme weather, rising input costs and supply chain disruption puts renewed pressure on grocery prices, according to the Institute of Grocery Distribution (IGD). The research charity forecasts average food inflation of 2.9 per cent to 3.9 per cent for 2026, before sharply increasing to 5.6 per...

Food inflation to spike in 2027 as cost pressures build, IGD forecasts

IGD (Institute of Grocery Distribution) has released its latest food inflation forecasts, putting average inflation at between 2.9 - 3.9% for 2026, rising to 5.6 - 6.6% in 2027 and 5.3 - 6.3% in 2028. Plentiful food stocks at the start of the year, hedging and moderate demand have helped retailers absorb costs to protect shoppers this year, but those buffers are expected to weaken as the effects intensify from disruption in the Middle East, inpu…