Morrisons’ Baitiéh warns food inflation will ‘go up and up’ in 2026
Morrisons chief executive Rami Baitiéh has warned that he expects food inflation will “go up and up over the coming months”, but says the grocer is well-placed to combat rising prices.
Speaking after Morrisons losses deepened in the year despite an uplift over Christmas, Baitiéh said he was “prepared to protect customers” in the coming months, as he expects costs to spiral and competition over price to intensify.
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