Uncertainty around the Brexit was always going to have a short term effect on food prices. Brexit or no Brexit rising food prices was always a trend that was going to continue to happen anyway. (With increasing fuel and labour costs still being the main contributor).

With this trend this will only continue to put strains on relationships between the suppliers and Big 4 Supermarkets. This trend will also continue to be a good thing for the Discount Retailers as they continue to take market share.