
- Supermarket food inflation is expected to reach nearly 4 per cent by Christmas before peaking at 6.4 per cent in July next year, according to the Food and Drink Federation.
- Industry leaders warned that extreme weather, global conflicts, and surging energy prices are continuing to drive up food manufacturing and supply costs.
- An average £100 grocery shop in January 2020 currently costs £138.60 and is projected to rise by a further £8.90 by July next year.
- The Food and Drink Federation has urged the government to ease energy and regulatory burdens on manufacturers to help protect households from sustained price rises.
- Defra stated that food security is a national security priority and highlighted government measures, such as suspending import tariffs, to help keep consumer prices down.
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