13-August-2026
Economy News
 
Analysis-Why UK Food Inflation Has Yet to Surge
13-Aug-2026

Britain's food industry warned in February that soaring energy costs following U.S. and Israeli strikes on Iran could push food price inflation towards 10% by Christmas. Six months later, food inflation has instead fallen to a near two-year low, as fierce supermarket competition, consumers' resistance to further price rises and better hedging by suppliers helped absorb the shock.

News Source:- https://money.usnews.com/investing/news/articles/2026-08-13/analysis-why-uk-food-inflation-has-yet-to-surge