UK's Sainsbury's still expects Middle East conflict to add to inflation

Published
0

Sainsbury’s, Britain’s second largest supermarket group, expects more food inflation to come through as a result of the Middle East conflict, its boss said, Reuters reports.

“There is pressure in the system for sure and there will be some inflation to come through,” CEO Simon Roberts told reporters after Sainsbury’s updated on first quarter trading.

“We always said it would take until the mid-summer to see the extent to which … that will feed through, particularly in fresh food,” he said.

But Roberts said he was encouraged that so far this year food inflation had not risen “as significantly as some had expected” and noted that Sainsbury’s own inflation in its first quarter was lower than that in the previous quarter.

Opinion

Editorial

Talks, at last
Updated 03 Oct, 2026

Talks, at last

The government’s constant threats to suspend KP’s elected dispensation over a political protest have escalated hostilities considerably. In that context, both sides did well to start talking.
IWT’s future
03 Oct, 2026

IWT’s future

TOGETHER with the Kashmir dispute, India’s unilateral suspension of the Indus Waters Treaty has become the biggest...
Pained minds
03 Oct, 2026

Pained minds

IN Pakistan, mental healthcare is wedged between two extremes — a luxury or a stigma. Estimates cited by the...
Risks ahead
Updated 02 Oct, 2026

Risks ahead

To think that the government would rather push out an elected government than grant a single prisoner some facilities does not square up rationally.
Exit from Iraq
02 Oct, 2026

Exit from Iraq

AMERICAN and British troops have once again shipped out of Iraq. On Wednesday, the foreign forces left the Arab...
Lahore’s ozone warning
02 Oct, 2026

Lahore’s ozone warning

LAHORE has received another warning that its air pollution crisis cannot be treated as a problem that begins with...