Inflation list shows which items in your weekly shop have finally hit price rise slowdown | Personal Finance | Finance

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The rate of inflation for everyday food and drink items has slowed down, helping to balance out the rise in energy prices. This means that the overall rate of inflation has stayed the same.

The average price of coffee, sauces and herbs, frozen vegetables, and mineral water have all seen a significant slowdown in price increases. Other products like cheese, margarine, rice, and tea have also seen a more modest slowdown in price increases.

However, a few grocery items are still seeing an increase in inflation. The average price of pasta and couscous, fruit and vegetable juices, eggs, and yoghurt have all seen a rise in inflation. These figures come from the Consumer Prices Index (CPI) data published by the Office for National Statistics (ONS).

Meanwhile, a few products are still seeing prices drop year on year.

The average price of whole milk fell by 10.0 percent year on year in January, a slightly smaller fall than the 11.0 percent drop in December.

Similarly, the average cost of butter dropped by 7.8 percent year on year, a smaller decrease than the 8.4 percent fall in December.

Low-fat milk was down 6.1 percent in the year to January, the same as in the year to December, while jams, marmalades and honey were down 1.1 percent, a slightly steeper fall than the 0.9 percent drop in December.

Here’s a list of examples of how the CPI inflation rate for food and drink items has either slowed or accelerated, ranked by the size of the change.

Two figures are listed for each item: the average rise in price in the 12 months to December 2023, followed by the average rise in price in the 12 months to January.

Inflation has slowed on these goods:

Coffee: Dec up 11.9 percent, Jan up 0.8 percent

Olive oil: Dec 45.8 percent, Jan 38.2 percent

Sauces, condiments and culinary herbs: Dec 18.4 percent, Jan 11.5 percent

Frozen vegetables other than potatoes: Dec 16.2 percent, Jan 11.5 percent

Mineral or spring waters: Dec 14.2 percent, Jan 10.7 percent

Sugar: Dec 21.3 percent, Jan 18.0 percent

Cheese and curd: Dec 5.1 percent, Jan 2.5 percent

Potatoes: Dec 9.6 percent, Jan 7.1 percent

Fresh or chilled fish: Dec 7.2 percent, Jan 5.2 percent

Margarine and other vegetable fats: Dec 2.2 percent, Jan 0.2 percent

Edible ices and ice cream: Dec 10.8 percent, Jan 9.2 percent

Rice: Dec 7.9 percent, Jan 6.4 percent

Fresh or chilled vegetables other than potatoes: Dec 10.7 percent, Jan 9.4 percent

Pizza and quiche: Dec 5.1 percent, Jan 4.0 percent

Crisps: Dec 11.8 percent, Jan 10.8 percent

Ready-made meals: Dec 6.0 percent, Jan 5.2 percent

Tea: Dec 11.3 percent, Jan 10.6 percent

Meat: Dec 7.2 percent, Jan 6.6 percent

Fresh or chilled fruit: Dec 6.7 percent, Jan 6.6 percent

Bread: Dec 2.2 percent, Jan 2.1 percent

Inflation has accelerated on these goods:

Pasta and couscous: Dec up 6.6 percent, Jan up 10.8 percent

Cocoa and powdered chocolate: Dec 22.2 percent, Jan 25.1 percent

Fruit and vegetable juices: Dec 10.4 percent, Jan 12.2 percent

Yoghurt: Dec 8.6 percent, Jan 9.9 percent

Eggs: Dec 6.8 percent, Jan 7.2 percent

Dried vegetables: Dec 5.1 percent, Jan 5.4 percent

Preserved fruit: Dec 2.7 percent, Jan 3.0 percent

Dried fruit and nuts: Dec 10.3 percent, Jan 10.6 percent

Chocolate: Dec 9.8 percent, Jan 10.0 percent

This article was crafted with the help of AI tools, which speed up the Daily Express editorial research. A Daily Express editor reviewed this content before it was published. You can report any errors here



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