The long tail of El Niño: Why might the food inflation calm be coming to an end?
· retailgazette.co.uk
Imagine stepping into your local supermarket for the weekly shop, only to be met with shortages from the fruit and vegetable aisle to the tea and coffee shelves. That is not yet the forecast, but it is an increasingly likely scenario the grocery industry is being warned to prepare for as fears grow that the sector could soon face an unprecedentedly severe El Niño weather event, together with higher energy costs, geopolitical disruption and pressure on food supply chains.
Imagine stepping into your local supermarket for the weekly shop, only to be met with shortages from the fruit and vegetable aisle to the tea and coffee shelves...