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UK food prices could spike at 15% this summer

Food price inflation in the UK is expected to peak at up to 15% this summer, according to the latest report released by a grocery research body. It warned that the record-high prices would linger on for another year. In its latest report, the Institute of Grocery Distribution (IGD) said …

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Japan faces ‘summer of price hikes’

Major producers of food and beverages in Japan are planning to raise prices for 3,615 items from June, while the total number of items that are expected to see price hikes will total some 8,400 this year, according to a poll carried out by Teikoku Databank. “This summer looks to …

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