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Viewpoint: Food inflation forecasts 2026-28

19 June 2026

Exploring how prolonged disruption is reshaping the food system, with insights on cost pressures, demand, policy and updated inflation forecasts.

It places food inflation in its wider economic, consumer and policy context, and examines the implications for business decision‑making in a more complex and uncertain operating environment.

Download this Viewpoint report for:

  • Updated food inflation forecasts for 2026–28, reflecting the impact of ongoing disruption linked to the Middle East.

  • A clear, evidence‑based view of how cost pressures are building across energy, supply chains and policy.

  • Insight into changing consumer attitudes and behaviour as demand weakens and expectations shift.

  • An analysis of how global instability and policy are shaping a more complex operating environment.

  • An understanding of why inflation is becoming more persistent and uneven across the food system.

  • Practical implications for resilience, planning and decision‑making across the food supply chain.

James Walton
Chief Economist
Michael Freedman
Head of Economic and Consumer Insight

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