Supermarket Food Is Getting Costlier - 30th May 2008 7:18pm
Originally Posted by BBC News
The cost of the average supermarket food shop was 5.8% higher in May than at the beginning of the year and will continue to rise, a study suggests.
The cost of fruit and vegetables has risen the most - up 16% since January, according to retail analysts Verdict.
The price of branded goods increased more than the supermarkets' own brand goods, the report said, while the cheapest ranges saw little change.
Retailers were absorbing some of the impact of price rises, Verdict said.
The cost of fruit and vegetables has risen the most - up 16% since January, according to retail analysts Verdict.
The price of branded goods increased more than the supermarkets' own brand goods, the report said, while the cheapest ranges saw little change.
Retailers were absorbing some of the impact of price rises, Verdict said.
What I find the most dispicable, is the brand names who are obviously taking prime advantage of the media reports and increasing the price of thier goods to increase profits!!
If the non-brand name goods arnt increasing there is no reason why they brand names, whose goods are already massively overpriced to the point of being a rip off, should be increasing!!
BBC News Report