Greggs boss warns higher prices are baked in
Greggs chief executive Roisin Currie has said that while the retailer is seeing inflation coming down, she expects higher prices will remain indefinitely.
Currie said that she expected to see inflation come down to 7% in the second half of the year, from the average of 11% seen in the first half of 2023.
She warned that while prices will reduce from the historic highs seen during the year, she said they wouldn’t get back to pre-cost-of-living levels any time soon.
Already have an account? Sign in here