UK Households Squeezed as Prices of Budget Supermarket Food Soar

UK Households Squeezed as Prices of Budget Supermarket Food Soar
A customer shops for food items inside a Tesco supermarket store in east London, on Jan. 10, 2022. Daniel Leal/AFP via Getty Images
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The prices of the cheapest food items in British supermarkets have increased significantly, putting pressure on households already struggling with the surging cost of living.

According to the Office for National Statistics (ONS), the lowest-priced food items have increased in cost by around 17 percent over the 12 months to September 2022—an increase from 7 percent over the 12 months to April 2022.