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Christmas Party Shoppers See Prices Rise
12/09/2007
A paper that food and drink industries managers read frequently predicts the cost of food will rise by 30% between now and Christmas in the UK. This is bad news for hosts planning a large Christmas party for guests and family.
Adam Leyland editor of The Grocer points out: “The costs of the average Briton’s weekly shopping bill could rise 30% by December.” How will this affect Christmas party shoppers as consumers plan for the holiday season? In another publication, Bullionvault.com, Adrian Adams reports on the news and says the Milk Development Council has its own warning: "The situation is going to be very tight over winter.” She says: “Butter stocks in the European Union are now 50% below last year. But it's not only lactose that will cost UK consumers more at the check-out today.” Grocers have already hiked their prices in the 3 months that lead up to the Christmas party season. Sainsbury's, the UK 's third-largest supermarket, just hiked the price of its cheapest apples by 140% to nearly £1.20 per kilo ($1.10 per pound). Given that the vast bulk of British apples now come from South Africa and New Zealand, this price hike is unlikely to remain a British problem alone.  Click here for more on London's best events and Christmas parties.
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