Food Inflation Soars to 19% ; the Mail's Cost of Living Index Reveals That You Need [Pounds]1,000 More Than This Time Last Year to Feed the Family
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Summary
MILLIONS of families are having to spend almost [pounds]1,000 a year extra on food after more punishing price rises.
The annual increase in the price of a basket of essentials surged to 19.1 per cent in May, according to the Daily Mail Cost of Living Index.See the full content of this document
Extract
Food Inflation Soars to 19% ; the Mail's Cost of Living Index Reveals That You Need [Pounds]1,000 More Than This Time Last Year to Feed the Family
The rate has jumped alarmingly from 15.5 per cent in April - a 3.6 per cent rise - and there is no sign of the pressure easing.
There is now a worldwide crisis over supplies of key crops such as corn, wheat and rice. It has triggered food riots in some countries. And in the UK it has brought the biggest rises in bills in a generation.A family which spent [pounds]100 a week on food last year now has to find another [pounds]19.10 for the...See the full content of this document
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