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Insider UK
Insider UK
Business
August Graham & Peter A Walker

Costs of cheapest supermarket items up by as much as two thirds

The price of some of the cheapest food in UK supermarkets has risen by nearly two thirds, according to the Office for National Statistics.

The least expensive pasta available is up by 60% in the last year, while the cheapest vegetable oil on shelves has jumped by 65%.

Statisticians have collected more than a million prices from supermarket websites over the past year to compare the cost of the cheapest available produce - finding that the price of the least expensive tea soared by 46%, chips rose 39%, bread was up 38% and biscuits spiked by 34%.

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