Why are UK food prices up by 19% – and which foods are worst affected?

[Martin@AS Financial]

An interesting report from the Guardian

https://www.theguardian.com/business...worst-affected


Of note, the BBC have also released a report with Supermarkets saying that price rises will ease soon:

https://www.bbc.co.uk/news/business-65312127

[northernladuk]

Haven't time to read so can someone give a summary on the the important products. What's happening with Beluga Caviar, Oysters and Wagu beef please?

[sadkingbilly]

Haven't time to read so can someone give a summary on the the important products. What's happening with Baked beans and Spam please?

FTFY

[SueEllen]

This from another link as first Guardian one has graphs - https://www.theguardian.com/business...-most-in-price

Food





Sugar 42.1%
Low-fat milk 38.8%
Cheese and curd 33.6%
Eggs 32%
Pasta products and couscous 24.1%
Butter 22.7%
Ready-made meals 20.9%
Jams, marmalades and honey 20.9%
Bread 18.9%
Fish 16.7%
Pizza and quiche 17.2%
Fruit 10.6%


Drinks





Mineral or spring waters 18.3%
Tea 19%
Coffee 15.6%
Soft drinks 12.2%
Fruit and vegetable juices 14.1%
Beer 7.6%
Spirits 6.1%
Wine 4.8%



Electricity, gas and other fuels





Gas 129.4%
Electricity 66.7%
Solid fuels 25.0%
Clothing and shoes





Garments for men 8.4%
Garments for women 7.1%
Garments for infants and children 6.9%
Footwear for men 5.5%
Footwear for women 3.2%
Household items and furniture








Refrigerators, freezers and fridge-freezers 18%
Cookers 12.3%
Carpets and rugs 10.7%
Garden furniture 9.8%
Household furniture 9.6%
Bed linen 4.3%
Lighting equipment 1%



Vehicles and passenger transport





New cars 6.5%
Motorcycles -0.2%
Bicycles -0.9%
Secondhand cars -4.5%

By air 24.2%
By sea and inland waterway 14.4%
By bus and coach 8.4%
By train 4.9%

Diesel -2.4%
Petrol -8.4%


Hospitality and recreation





Hotels and motels 16.6%
Fast food and takeaway food services 12.7%
Holiday centres, campsites and youth hostels 11.4%
Restaurants and cafes 10.4%
Museums 6.7%
Cinemas, theatres and concerts 3.7%


Other recreational items





Products for pets 18.4%
Garden products 13.8%
Veterinary and other services for pets 12.4%

[vetran]

Well milk by the pint is up by 100% from 50p to £1 but 165 % from £1 by 4 pints. Are we to assume the supermarkets are finally paying producers more than 22p a pint?

I assume the cost of a pint has been pushed up because it was so cheap any sensible person went for milk if they wanted a drink with their meal.

Chewing gum is up by 20-40% surely adding rubber to flavourings & sweeteners isn't that expensive in fuel costs?

Fizzy pop is £1.80 not £1.50 it was a year ago, has water & CO2 gone up that mauch?

All the pound shops are now £1.25 shops now.

[SueEllen]

Fizzy pop is £1.80 not £1.50 it was a year ago, has water & CO2 gone up that mauch?

There were shortages of CO2 a while ago so the price went up so this has implications for fizzy drinks, beer, meat and anything that is sealed in a vacuum.

[vetran]

There were shortages of CO2 a while ago so the price went up so this has implications for fizzy drinks, beer, meat and anything that is sealed in a vacuum.

indeed there were. OK the cost of water, sugar and colourant going up 20-50% is completely reasonable then.

[SueEllen]

indeed there were. OK the cost of water, sugar and colourant going up 20-50% is completely reasonable then.

Some mineral water is carbonated.

And most products are transported on the road using diesel. There is a shortage of HGV drivers as well.

Wasn't there also a shortage of some packaging as well?

And yes there is some profiteering.

[vetran]

Some mineral water is carbonated.

And most products are transported on the road using diesel. There is a shortage of HGV drivers as well.

Wasn't there also a shortage of some packaging as well?

And yes there is some profiteering.

I'm going with a lot of profiteering!

[NotAllThere]

My wife told me that the price of sunflower oil had doubled. I said, fine, we'll just get olive oil.

For some reason she now refers to me as Marie Antoinette...