September 18, 2008
Shopping Costs on Rise
The cost of all food and drink sold at three major supermarkets has increased by 5.9 per cent over the past year, new figures revealed today.
The increase covers the rise in prices on all products sold at Asda, Tesco and Sainsbury's in the year to September 10, according to the MySupermarket food inflation Index.The survey also found food bills for the average family have gone up by pounds1,040 a year in the past 12 months.
A basket of 24 common items such as teabags and pasta sauce costs 20 per cent more.
Shoppers have seen the biggest price increases on meat, dairy and wheat-based products. However, the latest figures show the largest increases have been seen on garden peas and basmati rice, increasing by an average of 90 per cent and 111 per cent, respectively.
The supermarket price survey shows six pints of semi-skimmed milk are now 26.1 per cent dearer - a rise from pounds1.68 to pounds2.12 - than a year ago.
And the cost of a thick white loaf has gone up from 54p to 72p, at both Tesco and Asda.
Customers are paying 20 per cent more for a dozen medium free range eggs at the top three supermarkets, according to MySupermarket.co.uk - from pounds2.15 to pounds2.58. A packet of fusilli pasta is up 75.5 per cent from 45p to 79p, the survey found.
Also in the basket of goods were cheese, potatoes, bolognese sauce and cornflakes.
Johnny Stern, managing director of MySupermarket.co.uk, said: "Supermarkets are doing what they can to help consumers and so we would advise shoppers trying to stick to a tight budget to look out for better priced like-for-like items and special offers within the supermarket you already shop at. There are significant and regular savings to be had."
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