Forwarded from Ice Age Farmer
โ€œShock reportโ€ reveals food prices could go up 15% over the summer, squeezing family finances further

โ€œSome families may have to skip meals as inflation continues to rise. The report also mentioned that the UK economy is facing its โ€œstrongest periodโ€ of inflationary pressure since the 1970s, with the conflict in Ukraine worsening the impact by restricting supply chains and pushing up grain prices.โ€

UK: Food prices could go up by 15% over the summer, adding to the stress on families facing rising petrol and energy bills. The Institute of Grocery Distribution (IGD) said in a report that households are set to pay more for essentials including dairy, bread and meat.

#uk #FoodPrices

https://www.chroniclelive.co.uk/news/cost-of-living/shock-report-reveals-food-prices-24241933
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