Shoppers are witnessing first-hand the impact of inflation on prices for several basic items. According to some reports the soaring price of milk means that the price of this, often essential, purchase has outpaced forecourt fuel costs at some supermarkets.
Three major UK supermarkets have been highlighted in one report by LancsLive. Most milk produced in the UK is bought by dairies and according to the publication, a warning has been issued to customers after dairy prices in the last 12 months soared.
Other media have also noted the rises with The Telegraph pointing out that a one pint bottle of semi-skimmed milk bought today costs 95p at branches of the Co-op, up by 40p compared to a year ago. That is equivalent to £1.67 per litre, more than the £1.66 charged on average at forecourts for a litre of unleaded petrol.
