Food Prices Rise Increases Inflation In The UK
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Food prices are rising steeply in the UK and this is causing inflation. Some of the UK’s favourite snacks including crisps and soft drinks are rising in price the most.
According to a report in the Guardian, food price inflation went to a 14-month high last October.
The price of general groceries are rising as well. Figures from Kantar suggest grocery prices reached a rise of 2.1% in August.
All the everyday necessities like vegetables and fruits have gone up in prices thus hitting more people in their pockets.
According to The Conversation, there also seems to be a rise in the price of food globally as well.
This has affected low income families and low income individuals the most and Food Banks are reporting an increase in the number of people who are coming through their doors.
Because of this increase, it is a good idea to shop around and see where you can get products cheaper. If you shop in the same supermarket for all your food and toiletry shopping, then you could be missing out on potential savings.
However, looking around in different supermarkets is time consuming and is not possible for everybody. And, some areas within the UK might not have enough shops and supermarket for them to do this.
Food prices as well as energy prices are going up. These price rises are causing inflation and hitting low income families in the pockets.
The government is due to increase the minimum wage of low paid workers from April 2022. The national minimum wage will be £9.50p per hour. This is good; but, it’s not enough. We think that it should be £10 per hour.
When you are shopping, look around for deals. Cook and eat products that are on deals and discounted. If you are buying toiletries, don’t buy them from supermarkets, if you can avoid it, as they are too expensive. There are retails out there that sell toiletries cheaper. Look around in your local Pound Shop, if you have any in your vicinity.
Find a Food Bank, here: Find a Food Bank.
If you are struggling with paying for your energy, read our article: Help with energy bills (5 Support Available).
If you want to reduce your energy bills, read our article: How To Reduce Your Energy Bills.
If you are having financial difficulties go to Citizens Advice here. Citizens Advice.