Supermarket Shoppers Already Facing A Cost-of-living Crunch Are Paying Up To 20 Per Cent More For Cupboard Staples Including Butter Milk And Spaghetti Than They Were Last Year New Figures Have Today Revealed
Supermarket shoppers already facing a cost-of-living crunch are paying up to 20 per cent more for cupboard staples including butter, milk and spaghetti, than they were last year, new figures have today revealed.
With Britons already facing a double whammy of high fuel and rising energy prices, analysis by MailOnline has revealed how a four-pint milk carton now costs, on average, 34p more than it did 12 months ago.
The cost of an average 500g pack of own-brand spaghetti has also rocketed up by 33p - from 52p to 85p - since August last year, while a 500g pack of Lurpak is now 63p more expensive - up from £3.58 last year to £4.21 this year.
Supermarkets are also facing a backlash from customers over the cost of baked bean. An average six-pack of Heinz baked beans now costs as much as £5 in some stores.
A single 450g can will now, on average, set shoppers back £1.20 - up more than 37p in 12 months.
Some are even pricing the popular cupboard staple at £1.45 per 415g can - sparking fury from customers who have accused shops of 'taking the p**'. It comes after Tesco temporarily
Meanwhile, MailOnline's analysis also shows how an average 20 item shopping basket now costs £5.20 more than it did last year - with shoppers in Tesco and Morrisons seeing some of the biggest rises.
It comes as the British Retail Consortium (BRC) - the trade association for supermarkets and retail businesses - today released its own figures showing how prices have risen over the last year.
Shop price annual inflation surged to 5.1 per cent, up from 4.4 per cent in July, marking a new record since the British Retail Consortium (BRC) and NielsenIQ index started in 2005.
Food prices leapt by 9.3 per cent after a 7.0 per cent increase in July, driven by increases in products such as milk, margarine and crisps, with Russia's invasion of Ukraine pushing up the costs of animal feed, fertiliser, wheat and vegetable oils, the BRC said.
Meanwhile, Britons are already bracing for sky-high energy bills this winter, when the price cap on energy costs for an average home are set to rise to £3,500-a-year in October - and they could rise as £7,236 as of April.
Experts fear inflation could hit 22 per cent this winter, leaving millions unable to pay the bills and businesses going to the wall - all while energy firms are predicted to make £170billion extra in profit.
Goldman Sachs predicts inflation, which hit a 40-year high of 10.1 per cent in July, as the price cap on energy bills continues to rise pushed up by soaring gas prices .
The rising cost of food and a weak pound are also contributing to the crisis that is sending the UK towards recession.
Today a trade consultant who spent 15 years as a buyer for Waitrose warned that staple foods were among those facing near-double digit inflation this year - despite a drive by supermarkets to keep their cost down.
She also warned that inflation on branded and luxury supermarket goods could be as high as 20 per cent in some cases.
As millions face higher supermarket bills and crippling energy costs this winter, it also emerged today:
Russia cut off its Nordstream 1 gas pipeline today citing 'maintenance' work in an act that will further strangle supply to Europe and force up prices;Thousands of small businesses face an uncertain future because of rises of around 400 per cent for their gas and electricity bills amid calls for a moratorium or a rebate on business rates;Many pubs are closing saying that unless they start charging in excess of £14 a pint, they cannot stay open; Schools and hospitals are worried about keeping the lights on this winter without having to cut staff costs;Food banks have said they are running out of goods and may have to turn people away because of aa 'completely unsustainable' surge in demand; With Britons already facing a double whammy of high fuel and rising energy prices, analysis by MailOnline has revealed how a four-pint milk carton now costs, on average, 34p more than it did 12 months ago.
The cost of an average 500g pack of own-brand spaghetti has also rocketed up by 33p - from 52p to 85p - since August last year, while a 500g pack of Lurpak is now 63p more expensive - up from £3.58 last year to £4.21 this year
Experts fear inflation could hit 22 per cent this winter, leaving millions unable to pay the bills and businesses going to the wall - all while energy firms are predicted to make £170billion extra in profit.
Goldman Sachs predicts inflation, which hit a 40-year high of 10.1 per cent in July, will double in 2023 as the price cap on energy bills continues to rise pushed up by soaring gas prices
It comes as Britain faces an inflation rate of 22 per cent this winter leaving millions unable to pay the bills and businesses going to the wall while energy firms are predicted to make £170billion extra in profits increasing pressure on the next Prime Minister to impose a windfall tax
It comes as the British Retail Consortium - the trade association for supermarkets and retail businesses - today released its own figures showing how prices have risen. Library image: A shopper carries a basket in a supermarket
Following the BRC's announcement on food price inflation today, expert Lydia Garrett, a former supermarket buyer, https://healthtopical.com/for-stretch-marks-oil/ was asked if she was surprised by the scale of the rise.
Speaking to BBC Radio 4's Today programme, she said: 'No, not at all.
I've been seeing food price rises for quite a number of years.
<div class="art-ins mol-factbox news halfRHS" data-version="2" id="mol-076f9550-2927-11ed-9db7-5dc4cb2aceb2" website foods soar by up to 20% in a year - with a 4 pint milk up 34p