Inflation bites as price of hard cheese like emmental rockets by 44% in a year while a beef roasting joint soars to £11.82 and milk now costs £1.70
Inflation is continuing to bite Britons with household staples including cheese, milk and meat rising in price by as much as 50 per cent in just one year, new data revealed today.
Figures from the Office for National Statistics comparing food prices in March 2022 with March 2023 show the pressure on households is not set to ease anytime soon.
The price of milk has risen 38 per cent to an average of £1.70 in the last year while a joint of roast beef for a family Sunday lunch will now set households back almost £12.
The data has been published by the Office for National Statistics and is based on the Consumer Prices Index including owner-occupiers’ housing costs (CPIH).
This is a different measure to the usual inflation figures based on the CPI (Consumer Prices Index), as it includes the costs associated with owning, maintaining and living in your own home.
The ONS said milk, cheese and eggs products saw one of the highest annual inflation rates in groceries
It came after data from researchers Kantar found last week that overall food inflation remains above 17 per cent.
The ONS said milk, cheese and eggs products saw one of the highest annual inflation rates in groceries, with a 30 per cent increase in the 12 months to March 2023.
Hard cheese such as emmental and gruyere has seen the largest rise with an annual inflation rate of 44 per cent, increasing from £6.92 to £9.98 the year to March 2023.
Oil-based products have also seen a significant rise, as the average bottle of olive oil jumped by 49 per cent to £5.78 since March 2022.
They said a roast dinner for four people, including a whole chicken (1.5kg), white potatoes (1kg), carrots (1 kg), broccoli (350g) and butter (100g) now costs £8.68 on average,…
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