Tuesday, March 21, 2023

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Basic Food Prices Are Rising Rapidly In The UK

As of September, it was reported that the price of sunflower oil increased by 65 percent, the price of pasta by 60 percent and the price of tea by 46 percent in the last one-year period in England. The Office for National Statistics (ONS) asks, “How has the price of the 30 lowest-priced essential products in the UK changed since April 2021?” He shared the data of his research titled.

According to ONS data, the price of the 30 cheapest food products in the country’s markets increased by 7 percent in the 12-month period until April this year, while it increased by 17 percent in the period until September.

According to the data, in the period between October last year and October this year, the prices of 15 products out of 30 basic products in the markets increased by more than 15 percent, while the prices of only 4 products decreased.

As of September, the price of sunflower oil increased by 65 percent, the price of pasta by 60 percent, the price of tea by 46 percent, the price of potato chips by 38.7 percent and the price of bread by 37.6 percent in the last year.

30 percent of the people have difficulty paying rent According to the research titled “The changing effects of the rising cost of living on the people between April and September 2022” announced by ONS, a very serious part of the people in the country now have difficulties in paying their rent, housing loans and energy bills.

According to these data, 30 percent of the people in the country reported that they had difficulty in paying their housing loans and rents, and 45 percent of them had difficulty in paying their energy bills. Inflation in the UK reached its highest level in the last 40 years with 10.1% in September.

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