Worst 'yet to come' for food price rises that could last over a year - Ex-Sainsbury's CEO

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Worst 'yet to come' for food price rises that could last over a year - Ex-Sainsbury's CEO
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Justin King, who sits on the board of Marks and Spencers Food, warned food prices will see 'double digit' inflation likely lasting for longer than a year. TomSwarbrick1 | SwarbrickonSunday

Former CEO of Sainsbury's Justin King has said "the worst is yet to come" for food prices which will see "double digit" inflation likely lasting for longer than a year.

The Institute of Grocery Distribution said in a report that households are set to pay more for essentials including dairy, bread and meat as recent inflation looks set to grow further. Mr King, who currently sits on the board of Marks and Spencers Food, told Swarbrick on Sunday: "We are going to see very significant food price rises and the worst is yet to come.

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