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More inflation in the system to come – UK’s Sainsbury’s

By:
Reuters
Updated: Nov 3, 2022, 13:22 UTC

LONDON (Reuters) - There is more food price inflation yet to come through, the boss of Sainsbury's, Britain's second largest grocer, said on Thursday.

Chief Executive Officer of Sainsbury's Simon Roberts poses inside a Sainsbury’s supermarket in Richmond, west London

LONDON (Reuters) – There is more food price inflation yet to come through, the boss of Sainsbury’s, Britain’s second largest grocer, said on Thursday.

“We’re battling really hard to keep prices down but there is more inflation in the system to come,” Chief Executive Simon Roberts told reporters after Sainsbury’s reported first half results.

He highlighted the impact of higher energy costs in food production, as well as higher fertiliser and labour costs.

(Reporting by James Davey; editing by Sarah Young)

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