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Daily Mirror
Daily Mirror
Business
Zahra Khaliq

Foods that have surprisingly FALLEN in price - including minced meat and orange juice

Supermarket foods have soared in price as a result of soaring costs and inflation - but not everything has gone up.

New data from the Office for National Statistics shows the cost of vegetable oil has risen by 65% in a year, while pasta has gone up by 60%.

But some popular food staples are providing Brits a small beacon of hope as they are cheaper now compared to last year.

Amongst the biggest pride drop was orange juice, which fell by 8.9%. Minced beef was down 7%, sugar had fallen by 0.3% and rice by 0.2%.

The ONS looked at 1.5million online prices over the 12 months to September 2022, with the figures representing the difference in lowest priced items.

Amongst the biggest pride drop was orange juice (Getty Images)

Food items that have fallen in price include:

  • Granulated sugar: -0.3%

  • Rice: -0.2%

  • Beef mince: -7.4%

  • Fruit juice orange: -8.9%

But a large number of supermarket items have seen significant price hikes.

It comes after Consumer Price Index (CPI) inflation - the main measure of how much goods and services have risen in price - is at a 40-year high of 10.1%.

Speaking of the current state of the UK economy in his first speech outside Downing Street, new Prime Minister Rishi Sunak said he would put "economic stability" at the heart of his premiership.

He said: “Right now our country is facing a profound economic crisis.

“I will place economic stability and confidence at the heart of this government’s agenda. This will mean difficult decisions to come.”

Sunak told former Prime Minister Lizz Truss during the last Tory leadership bid that he lost: "We have to be honest, borrowing your way out of inflation isn't a plan, it's a fairy tale."

Brits will be keen to see how Mr Sunak plans to tackle the crisis to prevent costs from rising further.

Inflation is at a 40-year high of 10.1% (Getty Images)

National statistician Sir Ian Diamond said: "While the recent spike in inflation began with energy prices, today's fresh insights using a new innovative data source show they are now filtering through to other important items, with the cheapest price of some staple food items rising by around two-thirds in the last year.

"Figures from our near real time survey of people show that while rises in food and energy costs are affecting many people across the country, those who are disabled, from certain ethnic minority backgrounds and renters are among those struggling the most.

"With rises in the cost of living at the forefront of many people’s minds, our new, almost real time, data showing just how prices are changing and shining a light on how different groups are affected have never been more important."

Increases include the price of tea, which had risen by 46%, chips, which had gone up by 38.7%, bread which was up 37.6%, and biscuits, up by 34.4%.

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