Cost of living: The price of food skyrockets in a year


AS INFLATION reaches its highest level in 30 years, the price of basic foodstuffs has soared over the past 12 months, the data shows.

The price of bread rose 2.3% in March and is now 5.5% more expensive than a year ago, the Office for National Statistics (ONS) said.

The data, based on the retail price index, shows the rising cost of some staple foods adding to the pressures facing households across the country.

Food and non-alcoholic beverages saw inflation hit 5.1%, its highest level since September 2011.

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Although some of the biggest price increases in recent months have been seen at fuel pumps, the ONS revealed that average petrol prices hit a new high of 147.6 pa liter in February, up from 120 .2 pa liter a year earlier.

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Joanna Elson, chief executive of the Money Advice Trust, the charity behind the National Debtline, said many households were already crumbling under rising costs.

“One in eight UK adults say they have had no heat, water or electricity in the past three months,” she said.

“With energy, food and fuel price increases showing no signs of abating, and National Insurance increases hitting wages for the first time this month, there is no there is no respite in sight.

“Urgent action is needed to prevent more people from being faced with impossible choices as they try to meet their basic needs and risk falling deeper into debt.”

The price of fresh milk rose 1.7% in March and is 13.2% more expensive than a year ago.

For which items have you noticed the biggest price increase? Let us know in the comments.


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