: Beef prices are predicted to climb by more than 10% in 2026, while sugar and sweets are also flagged for faster-than-average increases.
Grocery prices have risen significantly, increasing over between 2020 and late 2024. In 2026, costs are projected to rise another 2.9% to 3.1% , with the sharpest increases expected in beef, sugar, and non-alcoholic beverages. Market Trends & Future Outlook grocery*prices
: Roughly 87% of industry participants expect proposed tariffs to further increase grocery bills, particularly for imported foods. : Beef prices are predicted to climb by