How much items such as milk, eggs, meat fruit have risen in price in the past 12 months
20.07.2022 - 17:51
/ manchestereveningnews.co.uk
Staggering new figures have revealed just how much the cost of everyday essentials has soared over 12 months - with the price of milk jumping by 26 per cent. Britain's rate of inflation has surged to a fresh 40-year high as rocketing fuel and food prices drove it closer towards double figures, it was announced today.
And the statistics, based on the Consumer Prices Index (CPI) measure of inflation and published by the Office for National Statistics, reveal the true cost of that rise to all our pockets.
In each case quoted, the figure is the percentage change in the average price over the 12 months to June this year. Low fat milk has gone up by 26.3 per cent, butter by 21.5 per cent, olive oil by 18.2 per cent and pasta and couscous by 15.9 per cent.
READ MORE: Male stabbed and woman hurt at street party - a boy, 14, was arrested
The cost of eggs has soared by 11.5 per cent and bread by 9.7 per cent. Breakfast cereals have increased by 6.2 per cent, with the cost of mineral or spring water drinks by a whopping 19.5 per cent.
The ONS figures showed the cost of liquid fuels has surged by a huge 128.9 per cent - gas has increased by 95.5 per cent and electricity by 53.5 per cent. The figures capture sharp price increases in the costs of men's and women's clothing and household items like irons and garden furniture.
The cost of motor fuels jumped by 42.3 per cent in the 12 months to June – the biggest leap since records began. Average petrol prices stood at 184p a litre last month, up 18.1p since May alone, while diesel raced 12.7p higher to 192.4p a litre, which was also a record.
Food prices, overall, lifted 1.2 per cent month on month in June, which follows similar increases in April and May as higher cost pressures and