Cost of basic groceries such as butter, milk and cheese in UK supermarkets soar by up to 30% |
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Posted: Wed 18th Jan 2023
Updated: Wed 18th Jan
According to new research from consumer champion Which?, the cost of basic groceries such as butter, milk, and cheese skyrocketed by up to 30% year on year in December.
The findings come from Which?’s supermarket food and drink inflation tracker, which records the annual inflation of tens of thousands of food and drink products across eight major supermarkets: Aldi, Asda, Lidl, Morrisons, Ocado, Sainsbury’s, Tesco, and Waitrose.
While the overall food and drink inflation was at 15% across the eight retailers, butter and spreads saw a staggering 29.4% increase. Milk (26.3%), cheese (22.3%), bakery items (19.5%), water (18.6%), and savory pies, pastries, and quiches (18.5%) also experienced higher than average price increases.
When Which? looked at some of the worst examples in these categories for the three months to the end of December 2022, it found Utterly Butterly (500g) saw dramatic price rises at several supermarkets, including Waitrose, where it went from £1 to £1.95 (95%), and…
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