Greggs has raised its meal deal prices once again, signaling inflationary pressures driven by the ongoing US-Iran conflict. The chainâs 'big deal' offeringâa main, side, and beverage comboâhas risen to ÂŁ5.25, while the breakfast option previously jumped to ÂŁ2.95. A fifth of the worldâs oil and gas passes through the Strait of Hormuz before the blockade, highlighting regional tensions. Chief Executive Roisin Currie confirmed adjustments already in effect, with no immediate plans for further hikes. However, a prolonged conflict may push costs higher, risking inflation rates up to 3% by 2026. Ms. Currie emphasized protecting customers and ensuring value amid rising prices, while strategists like Susannah Streeter at Wealth Club highlight healthier menu additions like chicken rolls and salads boosting sales. Despite energy cost concerns, investors remain cautious, noting potential challenges if the war persists.
