FOOD prices are on the rise – but how does the cost compare to last year?
Yesterday, Katar revealed that grocery inflation hit 3.5% last month – adding £15 to the bill of casual shoppers.
Household finances have been affected by the recent increase in food prices as a The cost of living crisis continues.
According to market research firm Kantar, that means families are paying more for their weekly grocery purchases at the end of last year than they were a year earlier in 2020. , according to market research firm Kantar.
In a shopping cart of 10 popular items that Kantar collects, shoppers are paying £1.98 more for their shopping, up from £27.70 in December 2020 to 29 £.68 in December 2021.
The findings, based on the spending habits of 30,000 households shopping at supermarkets including Tesco, Asda, Aldi and Lidl, show that last month, grocery price inflation hit its highest level since spring. 2020.
“Some of the increase is due to retailers prioritizing competitive offers during the festive period and possible supply chain pressures,” said Fraser McKevitt, head of retail and consumer at Kantar. will mean grocery prices are going up again this year, at least in the short term.”
Fresh meat, in particular, has seen prices skyrocket during the year, with families paying £1.02 (10.2%) more for fresh lamb – up from £10 to £11.02. / kg.
You also pay an extra 65p (8.6%) for fresh beef – up from £7.55 to £8.20 per kilo.
Shoppers also increased by 8.5% on crisps, paying an extra 9p (8.5%) for a pack of six bags of crisps, up from £1.02 to £1.11.
While snack aficionados like reformed potatoes like Pringles and Doritos are paying an extra 15p (13.3%) for the six-pack, up from £1.13 to £1.28.
A box of six free eggs has gone up 6p (5.1%), from £1.18 to £1.24 and a four-litre bottle of semi-skimmed milk has gone up 4p (3.5%) from £1.15 up 1.19 pounds.
The price of a 400g block of cheddar has increased slightly by 1p (0.6%) from £2.48 to £2.49.
However, not all basic supplies are bullish.
The price of a 1.5kg pack of flour typically fell 7p (10.1%) over the year from 69p to 62p.
That’s bad news for Britons, who have struggled with bill spikes other than groceries.
Experts predict that the average household energy bill will £2,000 top this year, while hardcore Britons are having to choose between heating and eating this winter.
Rocketing inflation can also make families pay thousands more just to get, about expenses including travel, holidays and outings.
How to cut the cost of groceries
With prices on the rise, there are ways to overcome the increase and pay less for your purchases – here’s how.
Shop yellow stickers
When food is nearing the end of its shelf life, supermarkets often offer discounts to switch sources.
Usually, you can spot these discounted goods because they have yellow stickers about them.
You can sometimes get up to 75% off – it’s worth keeping an eye on the next time you’re walking the aisles.
Supermarkets often try to keep customers coming back to their stores by launching loyalty programs.
For example, you can get exclusive coupons, money saving deals and discounts on grub by signing up.
Use food waste apps
Families can waste hundreds of pounds a year getting rid of expired food after sitting too long in the fridge.
But there are plenty of apps you can use to make sure you’re not wasting your money — or help you cut your grocery bill by buying food that’s almost past its use-by date.
For example, Kitche keeps track of the food you’ve bought at the supermarket and tells you when items are coming up for sale by date – this keeps you from wasting cash on food.
Though Too Good To Go means you can buy food and snacks from stores including Morrisons, Greggs and Pret at huge discounts.
Shopping at supermarkets is cheaper
Shopping at cheaper supermarkets can save you more money.
Latest research from which consumer website? revealed that shoppers spent £10.15 more on their purchases last November at Waitrose than budget supermarket Aldi.
Check price per quantity
You should check the price per kg/lb/liter when comparing food deals so you can make a similar decision.
This is because while you may be tempted to choose the box that looks bigger, it may not actually be the best deal.
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https://www.thesun.co.uk/money/17227180/supermarket-staples-going-up-price/ Supermarket staples are on the rise as shoppers soar