07/08/2026
Food Inflation Down!
Food inflation continues to ease. Prices for food and non alcoholic drinks rose by 1.7% in the year to June, down from 2.2% the month before. On a monthly basis, prices actually fell slightly.
Some categories are still seeing increases. Fish, preserved fruit and confectionery among them, but 16 categories saw prices drop, including pizza, butter and flour.
The wider picture is interesting. Since the energy crisis, manufacturers have changed how they manage risk, fixing energy and ingredient costs much further ahead. That means input cost movements take longer to show up on shelf prices, and we’re seeing fewer sharp spikes as a result.
The FDF will publish its next forecast in early September, but for now the trend is steady: pressures easing, volatility reducing, and a sector that’s adapted quickly after a turbulent few years.