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UK food inflation

  • Supermarkets ‘actively shielding’ shoppers as food inflation falls again

    Retail

    Food inflation fell again in July to its lowest level in nearly five years, as retailers claim they are “actively shielding” consumers from worse price rises. The rate of food price inflation slipped to 1.3 per cent last month, down from 1.7 per cent in June, to reach the lowest point since September 2021.  Industry [...]

    Shopper in a supermarket produce aisle browsing various packaged vegetables and fruits.
  • Picky Brits: Heatwave fuels surge in finger food spending

    Retail

    Record summer temperatures have driven a surge in “picky bits” spending as British shoppers rush to the chilled aisle in a boost to UK supermarkets.  The sweltering heat is causing Brits to cut back their grocery bills, instead spending little and often on items like olives and quiche, according to figures from Worldpanel by Numerator.  [...]

    Tesco quiche, cured meats, olives, and dip on a wooden board, ready for a party or meal.
  • Soaring energy bills set to fuel inflation spike

    Economics

    Rising energy prices are poised to send UK inflation rearing back up, as economists warn that the summer boost to the economy could be fleeting. The rate of Consumer Prices Index (CPI) inflation is tipped to rise to 2.9 per cent in July, climbing from June’s 15-month low of 2.6 per cent, when the Office [...]

    Smartphone displaying an energy bill notification with British coins and a banknote nearby.
  • Brits think supermarkets are profiteering – despite slowing food inflation

    August 12, 2026

    The majority of Brits think that supermarkets are profiteering from rising food prices caused by the Iran war despite the Chancellor John Healey recently admitting there was little evidence of the practice, new polling has revealed.  Some 70 per cent of UK voters believe that supermarkets are making “excessive” profits from food inflation, according to [...]

  • Retailers hit back at Healey’s ‘profiteering’ threat

    August 3, 2026

    Retailers have hit back at the Chancellor’s warning against profiteering, saying they will prove they have fought hard to keep food prices down during the Iran war. Chancellor John Healey said at the weekend that the Treasury is prepared to crack down on any retailers which are taking Brits “for a ride” by using the [...]

  • Temporary inflation slowdown set to boost Burnham

    July 19, 2026

    Inflation is expected to have eased last month in a welcome but temporary boost for Andy Burnham’s incoming government.  The headline rate of Consumer Prices Index (CPI) inflation is tipped to have eased from 2.8 per cent in May to 2.6 per cent in June, according to some economists.  The latest rate of inflation will [...]

  • Kaleb Cooper: Brits don’t care about the price of milk 

    June 19, 2026

    Brits don’t care about the price of milk, Kaleb Cooper has said, as he urged shoppers to buy more locally-made produce. The Clarkson’s Farm star told City AM that farmers would be “very, very grateful” for price rises if passed on to producers amid a battle to stay profitable in the face of higher costs. [...]

  • Industry warns Iran war spike to come as food inflation falls

    June 17, 2026

    The surprise drop in food and drink inflation seen in May is likely to be short-lived, as the impacts of the war in Iran are due to take hold, leading industry figures to warn. The rate of inflation of food and non-alcoholic drinks fell from three per cent in April to 2.2 per cent in [...]

  • Food inflation: First signs of energy cost surge feed through to supermarket shelves as discounts fail to stem price growth

    June 8, 2026

    Supermarket food inflation has risen significantly for the first time this year, a City AM analysis has found, flashing an early warning sign that the surge in energy and freight costs triggered by war in Iran is reaching shelf prices in the UK. City AM reporters gather data on around 200 prices of products across [...]

  • Lidl leapfrogs Morrisons to become UK’s fifth-biggest supermarket

    May 27, 2026

    Lidl has soared past struggling Morrisons to become the UK’s fifth-biggest supermarket, as its heavy discounting gave the grocer an edge in the fiercely competitive market. The German grocer snatched an 8.6 per cent market share, powered by an 8.8 per cent uplift in sales across the last 12 weeks, according to data by Worldpanel. [...]

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