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NEWS: CREDIT CRUNCH SEES CUTBACKS, BUT CONSUMERS 'STILL WANT TREATS' (Source: FDIN)  


Economic difficulties have created new, divergent trends in eating habits among consumers, it has been claimed.

According to The Grocer, shoppers are either choosing cheaper products or treating themselves.

Inflation expert at the magazine Alex Beckett said that premium meals were still being bought despite cutbacks, although value ranges were proving popular.

"Own label products are doing well," he stated, "But middle of the road, standard ranges are dipping. Shoppers seem to want either a treat or cheap deal."

Mr Beckett added that consumers' love of brands such as Cadbury and Heinz remained, with some of their products resisting price rises.

The Department for Environment, Food and Rural Affairs found that the inflation rate for food was 9.7 per cent last month, nearly six per cent higher than the overall figure.

Such figures severely affect low-income families, as the poorest ten per cent of people in the UK spend 15 per cent of their income on food.

 
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