More price rises on the way later this year - ESRI (opens original article in a new tab)

The ESRI predicts higher grocery prices later this year due to energy cost increases, with revised inflation forecasts and economic growth projections. It also criticized the fuel support package and highlighted challenges in housing and labor markets.

• ESRI warns of higher grocery bills in autumn and winter due to energy cost increases
• ESRI revised inflation forecasts to 3.7% for 2026 and 3.1% for 2027
• ESRI upgraded economic growth forecast to 2.6% for 2026 due to stronger investment
• ESRI criticized fuel support package as poorly targeted and noted challenges in meeting housing targets