Experts have suggested that the price of feeding a family is set to rise by £533 this year following a spike in supermarket prices.
According to research firm Kantar, prices of butter, milk and chicken have all shot up by 11.6 per cent which equates to a rise of £10.25 each week for the average British household. According to data from the Office for National Statistics by personal research firm NimbleFins, the average household already spends £3,601 on groceries each year.
Fraser McKevitt, head of retail and consumer insight at Kantar, said: "As predicted, we’ve now hit a new peak in grocery price inflation, with products like butter, milk and poultry in particular seeing some of the biggest jumps. This rise means that the average annual shop is set to increase by a staggering £533, or £10.25 every week, if consumers buy the same products as they did last year.
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"It’s not surprising that we’re seeing shoppers make lifestyle changes to deal with the extra demands on their household budgets.
Here are some examples of how much everyday goods and commodities have risen by in price over the past year. The figures are based on the Consumer Price Index (CPI) measure of inflation which have been published by the Office for National Statistics.
In each of the following cases, the figure is the percentage change in the average price over the 12 months leading up to July 2022.
Food
- Low-fat milk 34.0%
- Butter 27.1%
- Pasta and couscous 24.4%
- Olive oil 23.6%
- Margarine and other vegetable fats 22.5%
- Jams, marmalades and honey 21.2%
- Sauces, condiments, salt, spices and culinary herbs 21.2%
- Cheese and curd 17.9%
- Ready-made meals 16.0%
- Potatoes 15.7%
- Eggs 14.6%
- Yoghurt 14.2%
- Pork 13.2%
- Edible ices and ice cream 12.9%
- Fish 12.8%
- Bread 11.0%
- Pizza and quiche 9.9%
- Fruit 8.5%
- Rice 6.7%
- Sugar 5.1%
Drinks
- Mineral or spring waters 22.0%
- Fruit and vegetable juices 14.8%
- Coffee 12.0%
- Tea 10.2%
- Soft drinks 7.7%
- Beer 3.2%
- Spirits 3.1%
- Wine 2.5%
Clothing and shoes
- Clothing accessories 7.7%
- Garments for men 7.4%
- Garments for infants and children 7.4%
- Footwear for infants and children 7.3%
- Garments for women 6.4%
- Footwear for women 5.5%
- Footwear for men 3.9%
Electricity, gas and other fuels
- Liquid fuels 114.1%
- Gas 95.7%
- Electricity 54.0%
- Solid fuels 26.9%
Household items and furniture
- Garden furniture 21.1%
- Heaters and air conditioners 18.2%
- Irons 14.8%
- Refrigerators, freezers and fridge-freezers 13.2%
- Glassware and chinaware 12.8%
- Cookers 8.5%
- Bed linen 8.1%
- Lighting equipment 7.9%
- Carpets and rugs 4.9%
Vehicles
- Second-hand cars 8.6%
- New cars 7.3%
- Bicycles 6.1%
- Motorcycles 2.3%
Passenger transport
- By air 37.1%
- By train 9.8%
- By underground and tram 5.1%
- By bus and coach 3.8%
- By sea and inland waterway 3.0%
Hospitality and recreation
- Holiday centres, camping sites and youth hostels 25.5%
- Cinemas, theatres and concerts 14.0%
- Fast food and takeaway food services 10.3%
- Restaurants and cafes 7.5%
- Canteens 6.3%
- Museums, libraries and zoological gardens 5.0%
Other recreational items
- Garden products 15.1%
- Products for pets 13.7%
- Equipment for sport 11.7%
- Veterinary and other services for pets 9.1%
- Equipment for sport 8.6%
- Plants and flowers 6.6%
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