UK Food Prices Will Go Up More in 2026

Apr 24, 2026, 14:38

Introduction

The Bank of England asked many UK businesses about food prices. The businesses said food prices will go up by 6 to 7 percent in 2026. This is more than before.

Main Body

The Bank of England's report came out on 24 April. It used information from businesses. Food prices went up 3 to 4 percent last year. Businesses think food prices will go up more in 2026. They said it could be 6 to 7 percent. Another group, the Food & Drink Federation, thinks prices will go up even more. They said the war in the Middle East makes costs higher. Factories cannot pay all these costs. They think food prices will go up 9 to 10 percent by the end of 2026. The Bank of England also asked company leaders. They said they will raise their prices by 3.8 percent in the next year. Many of them said they will raise prices because of higher energy costs. But only a few companies had big problems from the war in the Middle East. Other businesses also worry about higher transport and energy costs. The Bank of England said the war made people less sure that the economy will get better. But for most companies, the problems are still small.

Conclusion

In short, UK businesses think food prices will go up a lot in 2026. The Bank of England says 6 to 7 percent. The Food & Drink Federation says 9 to 10 percent. The future is not clear. It depends on energy prices, how goods move to shops, and the war in the Middle East.

Vocabulary Learning

businesses (n.)
companies / organizations that sell goods or services企業
Example:Many businesses think prices will go up.
costs (n.)
expenses / the amount of money needed to do or make something成本
Example:Transport costs are increasing.
higher (adj.)
greater / more than usual in amount or level更高的
Example:Higher energy costs make food more expensive.
prices (n.)
costs / the amount of money you pay for something價格
Example:Food prices are going up in 2026.
raise (v.)
increase / to make something higher or more提高
Example:Companies raise prices when costs go up.

Sentence Learning

Food prices went up 3 to 4 percent last year.
Time Marker: The phrase 'last year' tells us when the action happened. It shows the time.時間標記：「去年」這個詞告訴我們動作發生的時間。它表示時間。
They said they will raise their prices by 3.8 percent in the next year.
Time Marker: The phrase 'in the next year' tells us when the action will happen. It shows future time.時間標記：「在明年」這個詞告訴我們動作將發生的時間。它表示未來時間。
Many of them said they will raise prices because of higher energy costs.
Reason: The phrase 'because of' gives the reason for raising prices. It shows cause.原因：「因為」這個短語說明了漲價的原因。它表示因果關係。
But only a few companies had big problems from the war in the Middle East.
Contrast: The word 'But' shows a contrast between the previous idea and this one. It introduces a different point.對比：「但是」這個詞顯示了前一個想法和這個想法之間的對比。它引出一個不同的觀點。
The Bank of England's report came out on 24 April.
Time Marker: The phrase 'on 24 April' tells us the exact date when the report came out. It shows a specific time.時間標記：「在4月24日」這個詞告訴我們報告發布的具體日期。它表示一個特定的時間。