UK food price inflation could hit nearly 7% in 2027, says industry researcher
The IGD said fruit and vegetables will drive the increase as severe El Niño effects and higher input costs keep pressure on prices.
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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.
Food inflation to strengthen 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… This story continues at Food inflation to strengthen in 2027 as cost pressures build, IGD forecasts Or just read more coverage at Talking Retail
Food inflation pressure to intensify through 2027
El Niño, increased input costs and supply chain pressures are expected to fuel inflation in 2027 and 2028, according to the latest forecasts from IGD. Average inflation for 2026 is predicted to stand between 2.9% and 3.9%, rising to 5.6%-6.6% in 2027 before easing slightly to 5.3%-6.3% in 2028. Plentiful food stocks at the start […]
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...
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