UK grocery prices up 12% a year
Findings by supermarket price comparison site mySupermarket.co.uk show that UK households are being hit by rising food prices.
The average UK family now has to spend an extra 12% on their annual food bill compared with a year ago, according to research by grocery comparison web site mySupermarket.co.uk.
MySupermarket undertook a price comparison of groceries at three UK supermarkets on the anniversary of its launch and have concluded that food prices have risen by a ‘significant amount‘, especially at Tesco, over a 12 month period. Between October 06 and October 07, Tesco has put up prices an average of 16%, Sainsbury‘s 11.8% and Asda 8.6%.
The average UK family spends £90 a week on food, meaning a 16% increase would equal an annual rise of £749. mySupermarket found that a kilo of peas at Tesco had gone up from £1.19 to £1.79, while at Asda, a dozen eggs went up from £1.62 to £2.55.
The price comparison site took 25 different basic foods, such as sugar, bread and milk, and chose portion sizes that were enough to feed a family of four over the course of a week. Almost all items were own brand products, and the most similar products across the three supermarkets were chosen.
mySupermarket is the UK‘s only independent grocery price comparison site and compares the prices of supermarket products across Asda, Tesco, Ocado (Waitrose) and Sainsbury’s.
For more information about the supermarket price comparison web site visit: www.mySupermarket.co.uk
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