Grocery price inflation eases as shoppers worry over Iran war cost rises
Grocery price inflation has decreased, with prices rising 3.1% year-on-year in May, down from 3.8% in April. Despite this easing, consumers are concerned about potential food price hikes due to the ongoing conflict in the Middle East. Shoppers are increasingly relying on promotions, with over 30% of sales involving deals last month.
- ▪Grocery price inflation eased to 3.1% in May, down from 3.8% in April.
- ▪30.3% of sales last month involved promotions, an increase from 28.4% a year prior.
- ▪The UK Government announced plans to suspend tariffs on some food imports to combat rising prices.
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NewsBusinessGrocery price inflation eases as shoppers worry over Iran war cost risesShoppers increasingly relied on promotions to mitigate costsJosie Clarke Wednesday 27 May 2026 08:27 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":true,"showBookmark":true,"articleId":"CF1:2984152To1","articleMeta":{"url":"https://www.independent.co.uk/news/business/iran-war-inflation-food-prices-b2984157.html","title":"Grocery price inflation eases amid concerns over Iran war cost hikes"}}What is inflation? | DecomplicatedYour support helps us to tell the storyRead moreSupport NowFrom reproductive rights to…
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