Viewpoint Special: Spring Forecast as global risks intensify
06 March 2026Exploring what the 2026 Spring Forecast means for the food system, including the impact of Middle East conflict and risks to food inflation.
This report analyses the Office for Budget Responsibility’s latest economic and fiscal forecasts alongside the Chancellor’s Spring Forecast, published after renewed conflict in the Middle East, and assesses the implications for the UK food and drink system.
Download IGD’s latest report to understand:
Insights from the 2026 Spring Forecast and renewed geopolitical tensions for the UK food and drink system
The latest OBR outlook for growth, unemployment and household incomes
The outlook for retail food and drink inflation
Key risks facing food and drink businesses in 2026 and beyond
Practical actions to support planning and decision‑making in a more volatile environment