FoodLovers Britain
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Food Prices – More Bad News
Figures just published by the research company Verdict, show that overall prices of food in supermarkets have risen by more than 8 per cent since January, several times the rate of inflation.
The price of fresh food has risen by 12 per cent since the start of the year, while meat and fish now costs 23 per cent more on average. Chicken and ham have risen by 42 and 45 per cent, while staples like pasta and basmati rice went up over 40 per cent.
Even tinned goods rose 15 per cent, so if you’re follwing Delia’s How To Cheat At Cooking series you’re going to be paying more.
UK Food Prices Spike
Fresh data from the BRC-Nielsen Shop Price Index (SPI) shows that the cost of food is still spiralling while the economy is slowing faster than official estimates suggest. While overall shop price inflation was 3.2% in July, Consumers have been hit with a 9.5% jump in food prices in the year to July, as retailers stepped up their bid to pass on their own rising costs to customers.
However, the rate of price inflation actually slowed for non-food items, up 0.1pc in July compared with 0.2pc in June.
