05.05.2026, 08:53
Food will rise sharply in price in one of the European countries
Source: OREANDA-NEWS
OREANDA-NEWS By November 2026, food prices in the UK will rise by 50 percent compared to 2021. This was reported by The Guardian.
She referred to a study conducted by the analytical center Energy and Climate Intelligence Unit (ECIU), which showed that climate and energy shocks have already led to an almost fourfold increase in food prices.
According to Anna Taylor, executive director of the Food Foundation charity organization, such a high and rapid increase in food prices leads to the fact that families with the lowest incomes have no choice but to reduce the amount of food on their plate. As a result, people skip meals, children go hungry, and the number of nutrition-related illnesses increases, leading to job losses for parents and putting additional strain on the National Health Service.
Analysts said that the war in the Middle East is likely to lead to higher inflation, which previously rose sharply due to the COVID-19 pandemic and the conflict in eastern Europe. The Bank of England has predicted that food inflation will rise to 7 percent by the end of the year due to higher prices for fertilizers, energy and transport.
According to the ECIU, pasta, frozen vegetables, chocolate and eggs have risen in price by at least 50 percent over the past five years. The price of beef has increased by 64 percent, and the price of olive oil has more than doubled.
At the end of April, the British regulator warned that the United Kingdom was facing an inevitable spike in inflation due to the Middle East conflict.
She referred to a study conducted by the analytical center Energy and Climate Intelligence Unit (ECIU), which showed that climate and energy shocks have already led to an almost fourfold increase in food prices.
According to Anna Taylor, executive director of the Food Foundation charity organization, such a high and rapid increase in food prices leads to the fact that families with the lowest incomes have no choice but to reduce the amount of food on their plate. As a result, people skip meals, children go hungry, and the number of nutrition-related illnesses increases, leading to job losses for parents and putting additional strain on the National Health Service.
Analysts said that the war in the Middle East is likely to lead to higher inflation, which previously rose sharply due to the COVID-19 pandemic and the conflict in eastern Europe. The Bank of England has predicted that food inflation will rise to 7 percent by the end of the year due to higher prices for fertilizers, energy and transport.
According to the ECIU, pasta, frozen vegetables, chocolate and eggs have risen in price by at least 50 percent over the past five years. The price of beef has increased by 64 percent, and the price of olive oil has more than doubled.
At the end of April, the British regulator warned that the United Kingdom was facing an inevitable spike in inflation due to the Middle East conflict.
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