Health & Fitness

Warning food prices to rise quickly over summer

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Posted: 16/06/22 - 11:07
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Food prices will rise quickly this summer due to soaring costs, grocery analysts have predicted.

Prices will rise at a rate of 15% as households pay more for staples such as bread, meat, dairy and fruit and vegetables, the Institute of Grocery Distribution (IGD) said.

More vulnerable people will skip meals, it warned.

It also predicted that prices would rise faster for longer than Bank of England estimates.

The IGD, which provides analysis to major grocers, said the UK was facing the highest cost of living pressures since the 1970s, mainly down to the Ukraine war.

I Call True: Looks like a diet might well be in order to try and keep the food bill down (as well as cold showers and walking everywhere for the next 12 months or so)

Milka
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4 Comments
12 days
2 upvotes
More bad news, it just keeps on piling on doesn't it?
15 days
3 upvotes
15% inflation on essentials - are pay rises going to match that? Not a cat in hells chance.
15 days
4 upvotes
One bad news story after the other FFS.
16 days
3 upvotes
It really is doom and gloom out there at the moment, if they raise interest rates as well that will be the start of riots https://bit.ly/3OcQUMI