Food Inflation's Chill Effect on Consumer Confidence Food inflation is expected to reach almost 4% by Christmas, a stark reminder that global economic tensions are about to boil over onto dinner plates.
The Food and Drink Federation's revised forecast paints a picture of a fragile supply chain battered by conflict, climate change, and regulatory pressures.
The UK's own backyard provides a sobering example of these effects. A £100 grocery shop in January 2020 now costs £138. 60 – a staggering 38. 6% increase in just over two years.