{"id":622673,"date":"2026-05-04T09:59:08","date_gmt":"2026-05-04T09:59:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/622673\/"},"modified":"2026-05-04T09:59:08","modified_gmt":"2026-05-04T09:59:08","slug":"food-prices-set-to-rise-by-50-since-2021-by-november-research-says","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/622673\/","title":{"rendered":"Food prices set to rise by 50% since 2021 by November, research says"},"content":{"rendered":"<p class=\"A8Lwr BVYCX\">UK food prices are on track to be 50% higher by November compared to levels at the start of the cost-of-living crisis in mid-2021, according to research.<\/p>\n<p class=\"A8Lwr BVYCX\">The \u201cgrim milestone\u201d would mean that the price growth seen in the nearly 20 years prior to the crisis would be achieved in just over five years \u2013 almost quadrupling the pace of food inflation, the Energy and Climate Intelligence Unit (ECIU) think tank said.<\/p>\n<p class=\"A8Lwr BVYCX\">A combination of extreme weather driven by climate change, global supply disruptions, and continued exposure to volatile oil and gas markets had compounded pressures on the food system.<\/p>\n<p class=\"A8Lwr BVYCX\">According to the analysis, the cost of staples including pasta, frozen vegetables, chocolate, eggs and beef \u2013 all up between 50% and 64% \u2013 and olive oil, up 113%, had already seen some of the steepest rises, reflecting their sensitivity to volatile oil and gas prices, synthetic fertiliser costs and climate impacts such as droughts, floods, and heatwaves, both in the UK and in key import regions.<\/p>\n<p class=\"A8Lwr BVYCX\">Subscribe free to<a class=\"qNUzV q7LZa\" href=\"https:\/\/itvnews.substack.com\/\" data-testid=\"fecp-link-anchor\" rel=\"nofollow noopener\" target=\"_blank\"> our weekly newsletter<\/a> for exclusive and original coverage from ITV News. Direct to your inbox every Friday morning.  <\/p>\n<p class=\"A8Lwr BVYCX\">Together, these forces had pushed household food bills up by an average of \u00a3605 over 2022 and 2023, with energy shocks accounting for \u00a3244 of this, the ECIU said.<\/p>\n<p class=\"A8Lwr BVYCX\">More recently, five climate-impacted foods \u2013 butter, milk, beef, chocolate and coffee \u2013 had been responsible for much of the continued pressure on food inflation, with the price of these foods rising over four times faster than other food and drink.<\/p>\n<p class=\"A8Lwr BVYCX\">Chris Jaccarini, food and farming analyst at the ECIU, said: \u201cTrump\u2019s war in the Middle East is set to drive shopping bills higher as oil and gas prices spike.<\/p>\n<p class=\"A8Lwr BVYCX\">\u201cScientists are predicting 2027 to be the hottest year on record with climate change combining with the El Nino effect kicking off this year. Three of England\u2019s worst harvests on record have been in the past five years.<\/p>\n<p class=\"A8Lwr BVYCX\">\u201cUnless we get to net zero emissions to stop climate change and bring balance to the system, food prices will spiral ever further, but net zero also means burning less oil and gas, so insulating our food system from the kind of price spikes we\u2019ve been seeing since Russian invaded Ukraine.\u201d<\/p>\n<p class=\"A8Lwr BVYCX\">The ECIU said the projected 50% increase would mean that many households would continue to feel the strain well beyond the initial phase of the cost-of-living crisis, with food remaining one of the most visible and unavoidable expenses.<\/p>\n<p class=\"A8Lwr BVYCX\">Anna Taylor, executive director of the Food Foundation, said: \u201cFood prices rising this high and this fast leaves families on the lowest incomes with nowhere left to cut except the food on their plate.<\/p>\n<p class=\"A8Lwr BVYCX\">\u201cWhen that happens, people skip meals, children go hungry, and diet-related illness rises \u2013 taking parents out of work and piling pressure on an NHS that can least afford it.<\/p>\n<p class=\"A8Lwr BVYCX\">\u201cThis conflict is the latest shock in a series, and there will be more. The question for Government isn\u2019t just how to respond to this crisis \u2013 it\u2019s whether we\u2019re finally going to build a food system resilient enough to withstand the next one.\u201d<\/p>\n<p class=\"A8Lwr BVYCX\">Latest inflation figures from Worldpanel by Numerator show grocery prices are currently 3.8% higher than a year ago, with households warned that the Middle East conflict has \u201cnot yet\u201d filtered through to supermarket shelves.<\/p>\n<p class=\"A8Lwr BVYCX\">As consumers adapt to higher prices, data from the Waste and Resources Action Programme (Wrap) suggest that self-reported waste of the four key products \u2013 bread, milk, chicken, and potatoes \u2013 has fallen from 21% to 18.8% since 2024.<\/p>\n<p class=\"A8Lwr BVYCX\">Despite this, food waste ranks fifth among key concerns, after food prices, diet healthiness, animal welfare, and processed or ultra-processed foods, \u201csuggesting it is more of a background concern than a top-of-mind issue\u201d, Wrap said.<\/p>\n<p class=\"A8Lwr BVYCX\">Concerns that have increased most since 2024 include pesticide use, how food producers and farmers are treated, genetically modified foods, and hormones, steroids, and antibiotics in food.<\/p>\n<p class=\"A8Lwr BVYCX\">Wrap chief executive Catherine David said: \u201cThe average household of four spends a whopping \u00a31,000 each year on good food that goes in the bin and could have been eaten.\u201d<\/p>\n<p class=\"A8Lwr BVYCX\">Have you heard our podcast Talking Politics? Tom and Robert dig into the biggest issues dominating the political agenda in every episode\u2026\u00a0<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"UK food prices are on track to be 50% higher by November compared to levels at the start&hellip;\n","protected":false},"author":2,"featured_media":622674,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,101],"class_list":["post-622673","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/622673","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=622673"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/622673\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/622674"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=622673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=622673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=622673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}