The biggest rise in UK food prices in 45 years

According to data from the British National Statistics Office (ONS), inflation in the country decreased from 10.4% to 10.1% in March this year, while food prices increased by 19.2% last year. last month, the steepest rise since 1977.

In the previous month (February), the prices of food and non-alcoholic beverages in the country increased by 18.2 percent annually.

Commenting on the inflation data, ONS chief economist Grant Fitzner said lower fuel prices contributed to the slowdown in inflation in March. Fitzner noted that this contribution has largely disappeared as food prices continue to rise.

Recalling that world food prices are on a downward trend, Fitzner said that this decline has not yet been reflected in the prices of supermarket chains in the UK.

INCREASE IN BASIC FOOD PRICES

According to data from the research company Kantar, the prices of Lidl, one of the main supermarket chains in the country, in annual March 25.2 percent, Aldi’s 23.7 percent, Morrissons 18 percent, Asda 17.5 percent cent, Sainsbury’s prices 15, Tesco reportedly posted an increase of 14.4 percent.

Prices at Waitrose, one of the country’s other leading supermarket chains, were reported to have risen 14.1 percent and those at Ocado 10.7 percent on an annual basis in March this year.

According to company data, prices in the country’s supermarket chains increased by 17.2 percent in March this year. According to data from Kantar, in March this year, the price of Dragon brand cheddar cheese at Asda, one of the country’s supermarket chains, increased by 80 percent and the price of 800 grams of toasted white bread increased by 67 percent.

In Ocado, on the other hand, the price of Quaker brand breakfast porridge rose 65.5 percent, and the price of 800 grams of toasted white bread at Asda rose 67 percent. Although the increase in food prices makes the country’s population reduce their expenses, supermarket chains make an effort to include products suitable for the low-income segment.