Food inflation breakdown: Which items have increased price the most?

UK inflation eased back slightly further last month but cost pressures remained intense for cash-strapped households as food prices hit another 45-year high, according to official figures  (PA Wire)
UK inflation eased back slightly further last month but cost pressures remained intense for cash-strapped households as food prices hit another 45-year high, according to official figures (PA Wire)

The cost of living has steadily increased across the UK since the start of 2021, reaching an eye-watering 11.1 per cent in October – a 41-year high.

As such, soaring prices can be seen almost everywhere, particularly when it comes to food, with the cost of food now keeping inflation at a 40-year high.

Former deputy governor of the Bank of England, Sir John Gieve, has stated he believes the Government can stay on track when it comes to halving inflation by the end of the year.

But, until then, many Britons are struggling to put food on the table with these products seeing the biggest price hike.

Overall, food and drink inflation has gone up 15 per cent year-on-year in December across most leading supermarkets.

Food prices rose 16.8 per cent in the year to December during the festive season, according to the Office for National Statistics (ONS).

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Alongside the big hitters for eye-watering prices, consumers have seen a large jump in prices for basics, including honey, sugar, jam, chocolate, and soft drinks.

Biggest price hikes in food

Foods with the biggest price jump include:

  • Butter

  • Milk

  • Cheese

  • Meat

  • Bakery items

  • Water

  • Savoury pies, pastries, and quiches

Butter and milk have seen the biggest inflation, rising to almost double in certain stores. with Utterly Butterly seeing a huge hike from £1 to £1.95 in several supermarkets, and Waitrose Duchy Organic Homogenised Semi-Skimmed Milk rising 87.1 per cent from 65p to £1.22.

Cheese is another product with a huge price increase of 22.3 per cent, with Creamfields French Brie at Tesco seeing a 81.6 per cent rise from £1 to £2.88.

According to Which, the tracking watchdog, milk was 26.3 per cent more expensive than the previous year, with pastries seeing higher-than-average price increases of 18.5 per cent.

Baked items account for 19.5 per cent rises, with savoury pies and pastries at around 18.5 per cent, but price growth has fortunately slowed for items, including bread and cereals.

Speaking to the BBC, Sir John said the Bank of England is forecasting an inflation rate of five per cent by the end of the year but added there was a lot of “uncertainty”.

Tesco has acknowledged the inflationary prices hitting food and have said they are “absolutely committed to helping our customers by keeping a laser focus on the cost of the weekly shop”.