UK Food Prices Could Soar by 15 Percent Over the Summer: Report

UK Food Prices Could Soar by 15 Percent Over the Summer: Report
A customer shops for meat at a Sainsbury's supermarket in Walthamstow, east London, on Feb. 13, 2022. Tolga Akmen /AFP via Getty Images
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Prices of essential food items in the UK could rise by as much as 15 percent over the summer as food inflation is set to hit its highest level in more than 20 years, according to grocery analysts.

In its latest report released on June 16, the Institute of Grocery Distribution (IGD) said that British households are set to pay more for essentials including dairy, bread, and meat.