Study: staple food prices rise again |
| Tuesday, 18 November 2008 | |
 Staple food prices have risen by an average 17.8% in the last year, according to new statistics revealed today.If a family spends an average of £100 on a weekly shop, then they will pay £925.60 more for these 24 staple items a year, said mySupermarket.co.uk. Between November last year and the same month in 2008, Tesco bananas rose by 22%, a bag of golden delicious apples at Asda rose by 37% and British beef mince at Sainsbury's by 57.1%, the company found. Coming after the Office for National Statistics said inflation fell to 4.5% in October, mySupermarket.co.uk said food and drink prices (for all items) in the three supermarkets grew by 6.2% between 12 November 2007 and 12 November 2008. Director Johnny Stern said: "The past two months have been welcome relief for consumers, with the rate of food inflation dropping for the first time in over a year, but this month sees the price of staple food items increase yet again. "Shoppers are now paying 17.8% more for their staple food items than this time last year - an increase of 4% from last month. "Whilst October's figures suggested we had seen the worst of food inflation, the latest data shows that some products are back on the increase. For example, Beef Mince has risen at an average of 78% since this time last year with Basmati Rice rising 93%." On last month's index by the research company, staple items rose by 14.3% year-on-year. Related Articles
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