Financial experts have suggested that the price of feeding a family is set to rise by a grand total of £533 this year, following a severe spike in supermarket prices.
According to new figures from research firm Kantar, prices of essentials like butter, milk and chicken have all risen by 11.6 per cent - which equated to a rise of £10.25 each week for the average British family.
Further data from the Office for National Statistics (ONS) by personal research firm NimbleFins displays that the average household already spends £3,601 on groceries alone per annum.
