Dearbail Jordan
Get 20% off your bill at Pizza Express
Food prices have spiralled 8.3 per cent since January, with meat and fish rising nearly a quarter and some products up by 50 per cent, a new study shows.
A 125g packet of ham is now 45.4 per cent more expensive while consumers face paying 42.6 per cent more for a packet of skinless chicken breasts. Overall, meat and fish rose 22.9 per cent between January and August.
Today's figures tally with data released earlier this week from the British Retail Consortium (BRC), which said that food prices had risen by 10 per cent in the year to August, and singled out the soaring cost of pork products.
The price of eight rashers of bacon at Tesco has risen from £1.25 last year to £2.38, according to mysupermarket.com, the price comparison site.
Asda is charging 30 per cent more for 100g of medium pork chops at £5.79, while 175g of smoked ham has risen by 58p in a year to £2.16.
Pork products have risen substantially because the grain used to feed pigs has become more expensive while farmers have struggled with the increasing cost of fuel.
Today's figures from Verdict Research, commissioned by the BBC, also show that general cupboard goods, such as tinned food, rose by 15 per cent between January and August while fresh fruit and vegetable prices also increased, up 14.7 per cent.
Keeping clothes and homes clean is also becoming more expensive, with laundry, washing and paper prices up 14.4 per cent in eight months.
Food prices are now soaring above the rate of inflation, which is at a 16-year high of 4.4 per cent and is more than double the Government's 2 per cent target.
Yesterday, the Bank of England's Monetary Policy Committee voted to keep the interest rate on hold at 5 per cent.
Industry sectors news at a glance. Interactive heatmap, video and podcast
The inside track on current trends in the charity, not for profit and social enterprise sectors
Explore your passion for food with the delights of Thai, Indian & Chinese cooking
Read our exclusive 100 Years of Fleming and Bond interactive timeline, packed with original Times articles and reviews
Everything the Business Traveller needs to know to make a better trip
Shortcuts to help you find sections and articles
05/2005
£13,500
08/2008
£109,950
2006
£10,750
Great car insurance deals online
£100k
The National Skills Academy for Social Care
London
£49,229 - £62,035 pro rata
Charity Commission
London/Liverpool/Taunton
£75k - £85k
Confidential
London
Six Figure
Rolls Royce
Midlands/Europe
From £89,950
Great Investment, River Views
$3.5 million
Also avaliable for rent
Times Online Property Search will help you find it
Amazing Far East Offers - Visit Hong Kong
from £499pp
Cruise the Islands of Hawaii - Pride of America
List your property with two leading travel websites
Great travel insurance deals online
Contact our advertising team for advertising and sponsorship in Times Online, The Times and The Sunday Times, or place your advertisement.
Times Online Services: Dating | Jobs | Property Search | Used Cars | Holidays | Births, Marriages, Deaths
News International associated websites: Globrix | Property Finder | Milkround
Copyright 2008 Times Newspapers Ltd.
This service is provided on Times Newspapers' standard Terms and Conditions. Please read our Privacy Policy.To inquire about a licence to reproduce material from Times Online, The Times or The Sunday Times, click here.This website is published by a member of the News International Group. News International Limited, 1 Virginia St, London E98 1XY, is the holding company for the News International group and is registered in England No 81701. VAT number GB 243 8054 69.
Steve Tea------Why are you telling us!!!!! JDI -------JUST DO IT The problem as I see it that being an MP is a spectator sport
I can do nothing my vote is to suppoert you JUST DO IT
neil durham, SKOPELOS, GREECE
Of course there is not a problem, I am an MP and I have a unlimited expense account as long as I spend below £249.99. How can Labour ever say they feel our pain when they do not live on the planet as us and have the restrictions on our salaries and expenses. I demand change of the tax policy.
steve tea, manchester, cheshire