At last, Sir Mev is vindicated!!!
Groceries 'cheaper' now than in 1862, Grocer magazine finds
Groceries today cost one-thirteenth of what they did 150 years ago, according to a study from The Grocer magazine.
The magazine applied an inflation measure to the 1862 prices of 33 items including eggs, hot chocolate, bread, grapes, a toothbrush and sherry.
The weekly basket of food, drink and household items priced at £93.95 now would have cost an 1862 shopper £1,254.17 in real terms.
The magazine put the fall down to wage increases and greater imports.
The Grocer carried out the analysis to mark its 150th birthday.
While a Victorian shopper would spend a third of their money on food - today our grocery shop accounts for less than 10% of our weekly expense, it said.
BBC News - Groceries 'cheaper' now than in 1862, Grocer magazine finds
Groceries 'cheaper' now than in 1862, Grocer magazine finds
Groceries today cost one-thirteenth of what they did 150 years ago, according to a study from The Grocer magazine.
The magazine applied an inflation measure to the 1862 prices of 33 items including eggs, hot chocolate, bread, grapes, a toothbrush and sherry.
The weekly basket of food, drink and household items priced at £93.95 now would have cost an 1862 shopper £1,254.17 in real terms.
The magazine put the fall down to wage increases and greater imports.
The Grocer carried out the analysis to mark its 150th birthday.
While a Victorian shopper would spend a third of their money on food - today our grocery shop accounts for less than 10% of our weekly expense, it said.
BBC News - Groceries 'cheaper' now than in 1862, Grocer magazine finds
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