Four things that are going up in price and why
Everyone is braced for financial pain as the cost of living rises this year, particularly with energy bills likely to soar from April.Here are some of the less obvious items which have recorded rapid price rises, and some of the reasons behind the increases.Those families who still sit down to eat a traditional roast dinner together are having to be a little more imaginative if they are trying to keep the costs down.
Supermarkets are facing cost pressures of their own from logistics, manufacturing, farming and distribution. Problems such as driver shortages and rising energy prices will add to those pressures. The trouble is, he says, there are price rises "in nearly every category across the supermarket shelves" and the price gap between discount brands and others is narrower than was once the case.
Prestige brands, in particular, went up in price even though demand fell, according to analysts. Perhaps people were a little less hung up on their Zoom face.
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