How cost crisis has affected your supermarket shopping basket as food prices surge 20% in two months
Food inflation has reached its highest level in a decade, with warnings it could get worse
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Your support makes all the difference.Food prices have surged this year and many households will already have noticed the difference in their weekly shop.
New Office for National Statistics figures released on Tuesday showed the price of pasta had skyrocketed by as much as 50 per cent between May 2021 and May 2022, while the price of beef and crisps increased 16 and 17 per cent respectively.
Rising inflation, the war in Ukraine and devastating energy costs are all driving prices up across the board, creating some of the toughest living standards in 40 years.
To find out how fast prices are increasing in supermarkets and the pressures households are under, on 1 April we sent one of our reporters on their weekly food shop.
Two months later, this is how prices have changed on everyday essentials.
Pasta – up 20%
While not as high as the ONS figures, we found the price of pasta still jumped from from 75p for a 500g packet to 90p in two months – a 20 per cent increase.
If prices continue to surge as widely predicted, the price of pasta in many supermarkets could be well over £1 a pack by the end of the year.
Milk – up 11%
On 1 April, the price of a four-pint carton of semi-skimmed milk was £1.30; however in just two months it jumped 11 per cent to £1.45.
If the price of four pints keeps increasing at this rate, it could be just under £2 by the end of the year – a surge that will hit cereal bowls across the country and bite into our Christmas shopping budgets.
Butter – up 10%
A 400g packet of butter saw one of the largest price increases in the past two months, going from £2.55 in our shop in April and rising to £2.80 at the start of June. That’s an increase of 25p, or almost 10 per cent.
With pressures on cooking oil due to the war in Ukraine, butter prices could reach further highs this year.
Bananas – up 8%
A bunch of four bananas also saw a noticeable jump over two months, increasing 8 pence from £1 in April.
The cost of a single banana went from 25p to 27p from April to June, highlighting the pressures people could face this year in their bid for healthier eating.
It is of particular concern given a 2018 study that highlighted the poorest families struggle to afford healthier food options such as fruits and vegetables.
The Eatwell Guide from Public Health England, which aims to get people eating more nutritious food, estimates that healthy eating costs £5.99 a day per adult, or £41.93 a week. The poorest fifth of homes would have to spend 42 per cent of their disposable income to cover this, the Food Foundation estimated.
Eggs – up 5%
A six-pack of medium-sized Tesco eggs has also increased over the past two months, going from £1.10 in April to £1.15 in June.
While a relatively modest 5 per cent increase, that’s still another basic food item that contributes to an increasingly expensive shop.
Cereal – down 11%
You’ll be glad to know that some items on our grocery list went down in price from April to June.
One of these was cereal. Nesquik (375g) was £2.30 for a box in April, dropping to £2.05 in June – an 11 per cent reduction.
But ONS research showed that this comes after a 6 per cent rise in the price of breakfast cereal in the year to April 2022.
Bread – down 4%
In our shop an 800g loaf of Hovis brown bread dropped in price from £1.20 in April to £1.15 in June – a 4 per cent decrease.
This may not be signs of things to come however, especially with pressures from the war in Ukraine blocking the export of grain. ONS findings showed the price of bread up 15 per cent in the year to April.
Beef mince –no change
While mince beef was up 16 per cent in the year to April, according to our shop, the price of a 500g pack of mince stayed the same from April to June.
Sweet potatoes – no change
Our reporter chose to go for a personal choice over the more widely bought regular spuds and in more good news the price of sweet potatoes stayed the same from April to June, at £1.30 for a 1kg packet.
More encouraging are the ONS’s findings: potatoes achieved the biggest price drop of the 30 items analysed, with a 16 per cent decrease in the year to April.
Baked beans – no change
The price of a can of baked beans stayed the same between April and June in our shop: 40 pence for a tin of Tesco own brand.
However, ONS findings saw a 7 per cent increase in the year to April.
Toilet tissue – no change
Not a food item but certainly important on any household shopping list. In our reporter’s trip a pack of four Andrex toilet tissue rolls was £3 on 1 April and hadn’t changed price two months later.
Chopped tomatoes – no change
A tin of Tesco’s own brand chopped tomatoes also stalled in the past two months, staying at 45 pence a tin.
However, the same can’t be said for other tomato-based products. Tomato ketchup was up 5 per cent in price in the year to April, while 400g of fresh tomatoes saw a slight uptick of 1.5 per cent according to the ONS.
Basmati rice – no change
Tesco brand 1kg basmati rice also stayed the same in our shop at £2.05, but ONS research showed the cost of rice was up 15 per cent in the year to April.
Highest food inflation rate in a decade
According to the British Retail Consortium (BRC) food price inflation accelerated to its highest rate since 2011 at 2.8 per cent in May, up from 2.7 per cent in April.
Additionally, fresh food inflation accelerated in May to 4.5 per cent, up from 3.4 per cent in April – which is also its highest rate in a decade.
Helen Dickinson, chief executive of the British Retail Consortium, said it’s likely that the situation will “get worse before it gets better.”
“Retail prices edged up further as commodity, energy and transport costs continued to climb. Fresh food inflation hit its highest rate in a decade, with items like poultry and margarine seeing some of the largest increases due to soaring costs of animal feed and near-record global food prices,” Ms Dickinson said.
“It is likely to get worse before it gets better for consumers with prices continuing to rise and a further jump in energy costs coming in October. With little sign that the cost burden on retailers will ease any time soon, they will be left with little room for manoeuvre, especially those whose supply chains are affected by lockdowns in China and the war in Ukraine.”
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