Cost of Groceries Still Rising
Now Waitrose might not be the cheapest of places to shop but in my small town it is the only place to buy groceries (apart from the regular market and an equally as expensive funky almost-deli) if you don’t have a car or use the supermarkets on-line shopping. But even there prices are noticeably higher – have you seen the price of cheese for example!
According to a new study by Verdict Research, the price of a typical basket of 100 grocery goods has increased by 5.8% since the beginning of the year. This adds about £514m to the UK’s monthly grocery bill. The result giving the impression that inflation is much higher than the official figure.
The highest area of price increases is that for fresh fruit and vegetables. Prices for these have risen by nearly 16% during the same period. Almost all essential food stuffs, including dairy, store cupboard products like pasta, canned goods and condiments, as well as meat and fish, have seen above average increases.
Sadly these increases are going to continue through 2008 – global demand outstripping supply apparently.
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by Andrew
I really hope that this will encourage people to shop at their local markets. The difference in the price of vegetables at the supermarkets and the Leeds City Market is frightening. Plus, the market has the advantage of loose vegetables, which means less packaging AND you can pick exactly the ones you want!