The Office for National Statistics says the price of the cheapest 500 gram packet of pasta at a British supermarket was 53p last month, compared to 36p a year ago.
Prices of the cheapest food items in supermarkets have surged in the past year, with campaigners warning that the poorest families are being disproportionately hit by the cost of living crisis.
According to data from the Office for National Statistics , the lowest priced goods are rising in cost at around the same rate as food overall - up by an average of 6-7% from April 2021 to April 2022. For low income families already squeezed by inflation, the increasing cost of lower-priced items means a larger proportion of their budget is now being spent on food.
Looking at a selection of 30 items, the ONS found that the prices of five items had shot up by 15% or more. The cheapest pasta products have soared by more than 50% since the start of the year.The price of the cheapest 500 gram packet of pasta was 53p last month, compared to 36p a year ago, while an 800 gram loaf of bread rose by 16% to 54p.
In cash terms, the biggest increase was in the cost of 500 grams of minced beef, which rose by 32 pence to £2.34.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Restaurant chief Hugh Osmond: Cost of eating out is set to soarThe cost of food and ingredients is already squeezing the restaurant trade, the former Pizza Express chief executive said.
Read more »
Most small firms fear long-term fallout from UK’s cost of living crisisHalf worry rocketing prices will cut spending, while three in four fear long-term damage to businesses
Read more »
Cost of living: Music fans being priced out of seeing acts due to high ticket pricesThe cost of living crisis has now spread to live music and people are being priced out of seeing their favourite bands due to increases in ticket prices. Contributing factors include inflation, rising costs and supply chain issues.
Read more »
The Cost Of Living Crisis Has Totally Changed The Student ExperienceStudents are skipping nights out – and meals – in order to survive life away from home.
Read more »
The end of the au pair: cost of a nanny soars by £10,000 a year🍼 Parents are having to spend £10,000 a year more for nannies as a supply crunch, pension costs and the pandemic drive up wages
Read more »
Cost of living: Residents in Plymouth 'constantly worrying' amid rocketing bills and food pricesIn the first of three reports, Sky News investigates how increasing bills are impacting some of the 262,000 that call Plymouth home.
Read more »