Food prices predicted to jump up £380 over the next year
New research reveals that food prices could rise by almost £400 in the next 12 months
- (opens in new tab)
- (opens in new tab)
- (opens in new tab)
- Sign up to our newsletter Newsletter

According to new research from data analysts Kantar, families will pay £380 more on food shopping over the next year. This is over £100 more than its initial prediction for rising food prices back in April this year.
These rising food prices and the ongoing energy crisis have been key influences on inflation reaching a 40-year high (opens in new tab).
More shoppers are now looking for ways to save money on food, including swapping branded products for ‘own label’, according to Kantar, with sales of branded items down by 1% since April. Supermarket value lines are seeing sales up by 12% since April.
There has also been widespread criticism that the price of basic foods like pasta and rice have shot up way beyond inflation levels. Anti-poverty campaigner Jack Monroe publicly called out Asda earlier this year after finding the price of its basic pasta had gone up by 141% in one year and rice by a staggering 344%, while trade unions have set up the Enough is Enough campaign (opens in new tab) to tackle the rising cost of living.
What can you do to combat rising food prices?
Finding the cheapest supermarket is one trick to lowering the cost of your food shop, but as most chop and change deals and discounts – this can be hard unless you have time to visit the lot. One easy way to do this is by using a supermarket comparison site like Trolley (opens in new tab) to help you find out which supermarket is the cheapest each week.
Making sure to use your supermarket loyalty card can mean savings too - Tesco regularly offers Clubcard members special offers and deals whereas shoppers without its card pay full price.
Shopping later in the day can also help. Most supermarkets start discounting fresh food or items with a short shelf life from midday – with the biggest discounts – often up to 75% - popping up early evening. Look for those little yellow stickers and most supermarkets have special reduced sections to make it easy to track down bargains.
It pays to get creative with leftovers too. While batch cooking and storing meals in your freezer is a simple solution, food waste apps like Olio (opens in new tab) and Too Good To Go (opens in new tab) mean you can snap up ‘leftovers’ from local supermarkets and cafes. With Too Good To Go, you can usually get around three times the amount of food you pay for – with prices for a bag from just £2.
If you’re really struggling you may be able to use a food bank – with some you may need a referral from Citizens Advice, which other food banks run by local churches or community groups may have different rules.
-
-
Dear Edward true story: Who was Ruben Van Assouw, who inspired the Apple+ TV series with Taylor Schilling?
Dear Edward true story: Apple+ TV brings the imagined aftermath of a real life plane crash to life, with Taylor Schilling at the helm.
By Lucy Wigley • Published
-
Molly-Mae Hague shares touching milestone with baby Bambi and Love Island fans are in tears
Molly-Mae Hague has shared a video of the heartwarming moment she brought her newborn daughter home with fans
By Emma Dooney • Published
-
I saved £121 on my monthly food shop with this ONE change
You might have even considered this change yourself, but not realised just how much you could slash off your bill
By Emma Lunn • Published
-
Will Netflix stop password sharing? BIG rule change coming in spring 2023
New rules are coming into force that will affect whether you can share Netflix accounts. Here's what you need to know
By Rachel Wait • Published
-
10 tips from a money expert to reduce your childcare costs
Top tips from a finance expert on how to reduce your childcare costs amid the cost of living crisis
By Holly Thomas • Published
-
8 sneaky ways supermarkets get you to spend more - and how you can beat them
Discover the sneaky tactics supermarkets use to encourage you to spend more money, and what you can do to fight back
By Rachel Wait • Published
-
Why have I paid council tax in February?
Here's why you might have paid council tax in February instead of having a break
By Sarah Handley • Published
-
6 things you should NEVER do to save money (and 3 things you should!)
There are loads of ways to save money, but these six options could actually be more harmful than helpful
By Rachel Wait • Published
-
The major money reason you need to be on the electoral roll
Being on the electoral roll doesn’t just give you voting rights – it can improve your financial situation too
By Emma Lunn • Published
-
Make your Tesco Clubcard vouchers last longer with THIS simple trick
As Tesco issues a warning that £16 million of Clubcard vouchers are due to expire at the end of February, here’s how to extend the life of yours
By Sarah Handley • Published