April 22, 2024


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The price of an English “breakfast” is flying!

The price of an English “breakfast” is flying!

The average price of a full English breakfast has risen by 19.5% year-on-year

Photo credit © iStock

(Boursier.com) — Inflation in Great Britain continued to accelerate in October to 11.1% year-on-year, higher than expected, Since 1984, more… ! significantly reducing food purchases and causing hardship to many families.

Bloomberg’s monthly breakfast index shows that prices for the basic ingredients to fuel the first meal of the day rose 19.5% year over year. The envelope needed to buy these items (per household) has risen to £32.98 (€39.23) from £28.42 a year ago.

Due to this, the price of milk has increased by 51% and the price of butter by 31%! The index uses data from the Office for National Statistics (ONS), the equivalent of INSEE, which measures the prices of typical items of an English “breakfast”: sausage, bacon, eggs, bread, butter, tomatoes, mushrooms, milk, tea and coffee.

Controversial prices

Yet some supermarket operators deny that prices have risen so dramatically. Sainsbury’s, the UK’s second-biggest retailer, made increases limited to single digits, based on a calculation of each item sold on its shelves. “We think it’s important to see the full range of products that customers can buy, not just a select range,” moderates its managing director Simon Roberts.

With the UK economy already in recession, the outlook remains Always bleak for consumers. It put additional pressure on Prime Minister Rishi Sunak and the Bank of England.

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