Sponsored
Business

United Kingdom Food Prices Double – Report

Sponsored
Sponsored
Food costs have continued to rise in United Kingdom, with prices for some meat products, yogurt, and vegetables doubling over the past year, according to the latest findings from the ‘Which?’ consumer insight tracker.
The monthly survey commissioned by the Food Standards Agency (FSA) revealed on Tuesday that inflation in categories that have previously experienced the sharpest increases – including milk, butter, spreads, and bakery items – has eased slightly, but other essential food groups have continued to rise month to month.
The firm’s April analysis on more than 26,000 food and drink products at eight major supermarkets showed that, on average, the cost of meat, fish, yogurt, and vegetables rose 15%, 16.5%, 21.8%, and 15.3%, respectively.
“Looking at averages across a longer three-month period, we found some examples of individual items doubling in price in the space of a year,” the report said.
At Asda, Morliny Frankfurters (350g) rose from an average of £1.25 ($1.56) to £2.42 ($3.03), a 93.8% increase on a year ago. A pack of four brown onions at Morrisons rose from 65 pence to £1.24, in a more than 90% rise over 12 months.
Meanwhile, the price of Aberdoyle Dairies Natural Cottage Cheese at Lidl skyrocketed from 67 pence in 2022 to £1.34 this year, representing a 100.9% increase.
“These examples of massive supermarket price hikes on some common food types show how difficult it is, particularly for customers on low incomes, to maintain a healthy diet,” the researcher stated.
“Other food categories where inflation continued to rise month on month included juice, chocolate, water, fish, chilled ready meals and cheese.”
Sponsored
Alinnor Arinze

Recent Posts

Tango Fuel App Marks One Year, Expands Across Five African Countries

Tango Brook Technologies Limited, Nigeria's fast-emerging energy technology and intelligence company, Friday celebrated the first…

6 hours ago

Scholarships Help Nigerian Students Ease Family Burden, Build Businesses

For Ijeh Rebecca Ene-Ayi, an MTN Foundation scholarship did more than help her stay in…

6 hours ago

$7 Billion Deal For Ogun: Senator Adeola Yayi Hails Tinubu, Abiodun

Senator Solomon Adeola, the governorship candidate of All Progressives Congress, APC, in Ogun State, has…

8 hours ago

Igbo Community Leaders In Diaspora Set To Stop Illegal Banning of Eze Ndigbo Title

KINGSLEY EBERE  The controversy trailing the ban of the Eze Ndigbo title outside Igboland has…

8 hours ago

Woman, 34, Arraigned In Lagos Court Over Alleged Attempt To Circumcise 12-Year-Old Daughter

CYRIACUS IZUEKWE  A 34-year-old woman, Janet Ojeka, has been arraigned before the Ikeja Magistrates' Court…

8 hours ago

INSPIRO@25: A New Chapter In Nigeria’s Creative Economy Begins

BY AISHA ABUBAKAR After 25 years of creating and producing experiences across music, entertainment, events…

15 hours ago
Sponsored