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NEWS: FAMILY FOOD BILL 'UP ?1,000 IN A YEAR' (Source: The Grocer)  

The average UK family is spending an extra ?1,100 a year on food compared to 12 months ago, claims the Daily Telegraph.

The paper cites research by price comparison website showing that a sample basket of 24 items at Tesco, Asda and Sainsbury?s had increased in cost by 21% over the last year.

The news comes after the Office for National Statistics reported yesterday (14 July) that manufacturers are paying 30% for raw materials than a year ago.

Earlier this month The Grocer reported that supermarkets have passed on costs totalling ?3.7bn to customers over the last two years ? although suppliers passed on just ?3.5bn, prompting accusations from some quarters of profiteering.

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