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Bank of England warns Iran war inflation to hit chip prices as potato industry predicts 2027 increases
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Business·30/04/2026Résumé IA

Bank of England warns Iran war inflation to hit chip prices as potato industry predicts 2027 increases

The Bank of England has warned that food prices will bear the brunt of Iran war-related inflation, with chips particularly affected. Potato industry leaders tell Sky News that while current prices remain stable due to European oversupply, inevitable price increases will hit in 2027 as growers face doubled red diesel and fertiliser costs. Fish and chip shops are already experiencing immediate pressure from rising energy, cooking oil and fish prices, threatening shop closures.

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Sky News Business
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