With inflation forecast to hit 11 per cent within months, the supermarket's chief executive Simon Roberts said: "The pressure on household budgets will only intensify over the remainder of the year."
He added that Sainsbury's was investing £500 million to try and keep prices down.
The cost of food has soared in recent weeks partly caused by the war in Ukraine - along with fuel and energy. Inflation hit a 40 year high of 9.1 per cent in May and is expected to rise further before starting to fall next year.
About 12 people were arrested yesterday after campaigners calling for a cut in fuel duty staged go-slow roadblocks on the M4 and M5 motorways.
Denne historien er fra July 05, 2022-utgaven av Evening Standard.
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Denne historien er fra July 05, 2022-utgaven av Evening Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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