Spiralling food prices hitting family budgets ; Shoppers and retailers have been hit by food costs rising at their fastest rate for 17 years.

From: Scunthorpe Evening Telegraph | Date: May 12, 2008 | Copyright information

Shoppers and retailers have been hit by food costs rising at their fastest rate for 17 years.

Basic foodstuffs have rocketed in price since this time last year, with research showing the average fresh chicken has gone up in price from pounds2 to pounds3.54, a huge increase of 77 per cent.

A survey for website www.mysupermarket.co.uk found prices were going up faster than at any time since 1991.

A basket of 10 everyday items which would have cost pounds10.70 a year ago may now cost as much as pounds16.11.

And independent retailers in North Lincolnshire are finding increasing costs are forcing ...

Read all of this article with a FREE trial to HighBeam Research

Related newspaper, magazine, and trade journal articles from HighBeam Research

(Including press releases, facts, information, and biographies)

Costs rising for many other car-related products -- not just gasoline
; ...drop by roughly 2 percent in the last year as gas prices have surged and new vehicle technology gives drivers...more expensive, is an important factor driving up prices for oil, steel and other raw materials used in auto...analyst for Celent in San Francisco. If high gasoline prices prompt less driving, ...
Building material costs rising.
; ...about the building materials market: Some prices are rising, especially for petroleum-related...2004. Demand from China and India sent prices soaring a couple years ago, but now the...reduce demand and perhaps help to stabilize prices. Bill Weber, a homebuilder with Bill Weber...
SUPPLY COSTS RISING PRICES FOR SOME BUILDING MATERIALS ARE INCREASING BUT NOT AS MUCH AS FEARED.(BUSINESS)
; ...about the building materials market: Some prices are rising, especially for petroleum-related...2004. Demand from China and India sent prices soaring a couple of years ago, but now...reduce demand and perhaps help to stabilize prices. Bill Weber, a homebuilder with Bill Weber...
An Inflation Bump at the Pump; With Gasoline Costs Rising, Area Consumers Alter Driving Habits
; ...Takoma Park. "But now I walk." Gasoline prices in the entire Washington area have risen...increase is fueled by a rise in crude oil prices, a strike by oil workers in Nigeria and...Lundberg Survey, a biweekly survey of prices at 10,000 gas stations nationwide. And...
Natural gas costs rising 70 percent.(News)
; ...report states. Shrinking reserves drive up prices because gas, like other commodities, is...extraordinary events that have caused these prices to rise to the level that they have risen...opportunities to complain about higher prices. There appears to be little the state...
Area's costs rising faster.
; ...anywhere else in the country. The jump in consumer prices was mostly due to surging gasoline prices. The U.S. Labor Department reported Wednesday its Consumer Price Index rose 0.4 percent in May. Prices had already increased about 0.6 percent the...
College Costs Rising Faster Than Inflation
; ...SAT, its college aptitude exam. National prices, as measured by the Consumer Price Index...overall price increases to most students. Prices at about half of 27 Chicago area private...average among the categories surveyed. Prices at two-year private colleges, of which...
Prescription costs rising faster than inflation, study says
; ...including West Virginians, have seen the prices they pay for prescription drugs skyrocket...health care consumer group announced today. Prices for such commonly filled drugs as Lanoxin...benefits to Medicare, said the wholesale prices for the 50 most popular prescription drugs...
Housing future is pretty bleak with costs rising
; ...of us, with almost all household costs rising at an alarming rate, and the feel-good factor of ever increasing house prices likely to be replaced by much talk...pundits, we may see a fall in house prices of 10 to 20 per cent over the next...
Farmers see their costs rising uncontrollably
; ...by some 500 million pounds since its 1995 peak. Many farm prices are now at similar levels to 20 years ago. Meanwhile, according...price. Against this background, Scottish farmers see their costs rising uncontrollably and unsustainably. We operate to higher standards...