Celebrity chef Gordon Ramsay is facing criticism after a customer shared a photo of his £19 full English breakfast at Bread Street Kitchen, his restaurant chain. The meager offering, which included only one sausage, one hashbrown, one mushroom, and a few other items, sparked outrage online with many users comparing it to a motorway service station breakfast and questioning the value for money.
India’s retail inflation rate fell to 3.54% in July, dropping below the Reserve Bank of India’s 4% target for the first time in nearly five years. This decline was attributed to a decrease in food prices.
Researchers at Alternix have compared the prices of typical BBQ ingredients at nine supermarkets, finding Aldi to be the cheapest at just £2.19 per head. Tesco and Asda come in second and third, while M&S is the most expensive, costing nearly twice as much as Aldi.
A new study from Which? reveals the shocking price hikes for popular ice cream brands in the UK. Cornettos have experienced the biggest increases, with six-packs of strawberry and classic cones rising by 38% and 35%, respectively. Other notable price jumps include Soleros (35%) and Feasts (29%). However, supermarket dupes are offering a cheaper and often tastier alternative, according to blind taste tests.
A new study has revealed the cheapest and most expensive locations in the UK for a classic fish and chips meal. Robin Hood’s Bay in North Yorkshire takes the crown for the most expensive, while Southwold offers the most affordable option. The study analyzed the price of a fish and chips meal as a percentage of the average weekly salary in each location.
The Indian government has allocated ₹2000 crore for interventions aimed at promoting ‘Bharat’ products and helping moderate food prices. This initiative aims to address rising inflation and ensure affordability for consumers.
Sainsbury’s anticipates robust profit growth for the upcoming year based on successful customer attraction from competitors through reduced food prices. Despite challenges in general merchandise sales, the grocery giant remains optimistic about its future earnings as it focuses on affordable food and plans to reinvest savings into the business.
Inflation in Australia has moderated to 3.6% in the year to March, but key sectors such as education, rental housing, and insurance continue to drive it higher. Despite a 1% increase in the first quarter, inflation eased from 4.1% in the previous quarter and the December 2022 peak of 7.8%. The Reserve Bank aims to achieve inflation between 2-3% to support economic stability, but the path to that target remains challenging.
While food inflation has slowed in recent months, community groups across Nova Scotia are still experiencing a surge in demand for their services as grocery bills remain high for many households. Organizations like the Mobile Food Market have doubled their supply in the past 18 months to meet the increasing need, and have received provincial grants to expand their capacity. Farmers’ Markets of Nova Scotia is also witnessing overwhelming demand for its food coupon program, which provides weekly allotments of market bucks redeemable at local markets. Despite easing inflation, food prices remain significantly higher than pre-pandemic levels, driving consumers away from mainstream grocery stores. Experts predict that grocery prices will continue to drop in the coming months due to declining consumer spending. However, overall inflation, particularly in categories such as housing and interest rates, remains a challenge for many Nova Scotians.
