You are here: Home - Household Bills - News -

Cost of Christmas dinner on the up

0
Written by: Emma Lunn
07/12/2021
The average cost of Christmas dinner for four now stands at £27.48, which is an increase of 3.4% compared with last year.

Figures from Kantar show that inflation is nudging up the price of Christmas dinner staples. The data analyst said grocery prices are up 3.2% in the past four weeks, the highest rate of inflation it has recorded since June 2020.

But Kantar says consumer behaviour hasn’t caught up with these changes – with Brits resisting swapping branded products for own label or seeking out promotions.

Its analysis suggests that preparations for the festive period are in full swing. Price inflation doesn’t seem to be denting shoppers’ desire to treat themselves, with supermarket premium own-label ranges, such as Tesco Finest and Asda Extra Special, the fastest growing ranges in store.

Last December, Kantar recorded sales of premium own-label lines hitting more than £587m, and says the figure could be even bigger this year.

Its latest figures show take-home grocery sales have fallen by 3.8% over the 12 weeks to 28 November 2021 compared with the same period in 2020. Sales remain strong compared with the market before the pandemic, and grocery spend was 7% higher in the latest 12 weeks than in the same period in 2019.

Circumstances are very different this year compared to November 2020. With people back in the office a few days a week and restaurants and cafés open, we’re putting less in our grocery baskets for cooking at home and, as a result, the average shop size has shrunk by 8% this month versus the same period last year.

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Could you save money with a social broadband tariff?

Two-thirds of low-income households are unaware they could be saving on broadband, according to Uswitch.

How to help others and donate to food banks this winter

This winter is expected to be the most challenging yet for the food bank network as soaring costs push more pe...

Your rights for refunds if travel is affected by strikes

There have been a wave of strikes this year across many different industries, and more are planned over Christ...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

DIY investors: 10 common mistakes to avoid

For those without the help and experience of an adviser, here are 10 common DIY investor mistakes to avoid.

Mortgage down-valuations: Tips to avoid pulling out of a house sale

Down-valuations are on the rise. So, what does it mean for home buyers, and what can you do?

Five tips for surviving a bear market mauling

The S&P 500 has slipped into bear market territory and for UK investors, the FTSE 250 is also on the edge. Her...

Money Tips of the Week