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UK Food Inflation Will Hit 6% on El Niño and Drought, Firms Warn

UK Food Inflation Will Hit 6% on El Niño and Drought, Firms Warn

Key Highlights

  • A string of shocks from El Niño, summer droughts and war in Iran will push UK food inflation above 6% next year, according to forecasts by the country’s food producers.
  • Desk angle: we track rates, inflation, and bank balance sheets against this headline. Always read the original for filings and quotes.

A string of shocks from El Niño, summer droughts and war in Iran will push UK food inflation above 6% next year, according to forecasts by the country’s food producers.

Bloomberg Verified Source

Reported by Tom Rees · Syndicated via official news feed

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