Recent analysis reveals a substantial surge in the prices of certain branded food products over the last year.
- A thorough study examined nearly 26,000 grocery prices across major UK supermarkets.
- Tesco’s Mr Kipling Chocolate Slices experienced the most dramatic price increase.
- Sainsbury’s witnessed a significant rise in the price of Mr Kipling Bakewell Cake Slices.
- Lancashire Farm and Pilgrims Choice cheeses also saw notable inflation.
A recent study conducted by a consumer rights organisation has highlighted significant price increases in certain branded food products. The assessment covered the prices of approximately 26,000 grocery items across major UK supermarkets including Asda, Aldi, Morrisons, Lidl, Ocado, Sainsbury’s, Waitrose, and Tesco. Such widespread data points provide a robust overview of current market trends.
Among the items examined, Tesco’s Mr Kipling Chocolate Slices (6 pack) reported the highest price rise. The average price surged from £1.16 during the same three-month period last year to £2.66 this year. This stark increase represents a substantial inflationary pressure on consumers who purchase these popular items.
In a similar vein, Mr Kipling Bakewell Cake Slices (6 pack) at Sainsbury’s experienced a noteworthy increase in cost, climbing from £1.38 to £2.75. This rise of £1.37 accounts for a near doubling of the price, thereby impacting consumer spending at this retailer.
Yoghurts have not been exempt from these trends. At Asda, a particular branded yoghurt saw the most severe annual inflation rate. Lancashire Farm Natural Yogurt (1kg) and its fat-free counterpart both increased from £1 to £1.80, marking an 80% rise.
Cheese products have also undergone considerable price hikes. At Morrisons, Pilgrims Choice Extra Mature Grated Cheddar (180g) and the Sliced Extra Mature Cheddar (150g) rose from £1.20 to £2.11. This reflects a 76% increase, affecting shoppers who regularly purchase these cheese options.
The current analysis of branded food price hikes underscores the ongoing inflationary pressures within the grocery sector.
