17.4 C
London
Sunday, August 9, 2026

Middle East war could drive UK food inflation to 9% this year, trade body warns

BusinessMiddle East war could drive UK food inflation to 9% this year, trade body warns

[ad_1]

The FDF said the situation is fast-changing, but its revision to the inflation forecast is based on the assumption that the Strait of Hormuz opens to cargo traffic within the next two to three weeks and the majority of key facilities, such as oil, gas and fertiliser sites, return to normal within a year.

[ad_2]

Source link

Check out our other content

Check out other tags:

Most Popular Articles