Soaring food prices hit UK shoppers

Soaring food prices hit UK shoppers
Bloomberg
Rate Story
Share
Font Size
Save
Comment
Synopsis

Some 22,000 products offered by Britain's four biggest grocers became costlier since last June, data from retail research firm Assosia shows. That includes a 35% surge in Heinz Tomato Ketchup and a 9% increase in Actimel yogurt drinks. With UK inflation forecast to hit double digits later this year

Agencies
London: UK shoppers seeking to avoid higher bills at the checkout are running out of options after prices on more than half of supermarket items rose in the past year. Some 22,000 products offered by Britain's four biggest grocers became costlier since last June, data from retail research firm Assosia shows.

That includes a 35% surge in Heinz Tomato Ketchup and a 9% increase in Actimel yogurt drinks. With UK inflation forecast to hit double digits later this year and wages lagging behind, the prospects for consumers look increasingly bleak.

Print Edition

Read the Print Edition now!

Indulge in digital reading experience of ET newspaper exactly as it is.

Read Now

Read More News on

(Catch all the Business News, Breaking News Events and Latest News Updates on The Economic Times.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

...more

ETPrime stories of the day

10 mins read
9 mins read
3 mins read