Cost of Loaf of Bread Increases 38 per cent in Three Years
New figures from leading money saving and discount voucher codes website Savoo.co.uk, in association with mySupermaket.com, has found the cost of a loaf of bread has increased 38 per cent since July 2008
For immediate release: London, 1st August, 2011; The research shows that in July 2008 a loaf of Kingsmill Great Everyday Thick Sliced Soft White Bread (800g), cost £0.90 in Tesco (£1 in Asda). The same product today would cost you £1.25 in all the leading supermarkets.
For a single loaf, the 35p increase may not sound like a lot, but when you consider that the average family of four eats around 118 loaves of bread each year, costing £147.50, the inflationary increase adds up to an extra £35 per year spent on bread, bringing the total to £182.50.
Commenting on the findings Ed Fleming, Head of PR and Partnerships at Savoo.co.uk says;
“Bread is a staple product in most households, particularly families, and as a product it is certainly not immune from the effects of inflation. Families go through an awful lot of bread each week and any increase in price is immediately felt. Our figures show that an average family of four can now expect to spend an extra £35 each year on bread alone.”
Keeping the cost of food shopping down is an increasingly important issue for money saving parents who are increasingly turning to online voucher codes and money saving websites in order to take advantage of great bargains and discounts.
Ed Fleming continued:
“Managing the family purse strings takes some considerable advance planning if you want to stick to a tight budget. But savvy money savers know to shop around for the best deals and keep an eye out for online offers. The savings if you follow this tactic can be significant and make a real difference.”
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For further information please contact:
Ed Fleming, Head of PR Savoo.co.uk
+44 (0)7970 056 059
About Savoo
Savoo http://www.savoo.co.uk prides itself on being the only UK voucher code and deal finder site which never knowingly lists expired vouchers or offer codes. Also, the best deal of each of their consumer categories is presented prominently using its unique algorithm which ensures that the best deals always rise to the top. Savoo has a dedicated team of researchers whose sole responsibility it is to find the best deals available 24 hours a day, and provide rigorous quality control.
Savoo’s goal is to offer its customers the easiest and most powerful way to find, prioritise and distribute the best deals and information to help its users make intelligent decisions with their money. They extensively leverage technology, automation, community and elegant design to provide the most useful experience in a fun and rewarding way.
Savoo launched in March 2009 and was created to address the frustration of generally which is a poor consumer experience from other discount and voucher sites. Savoo has been determined from the outset to build a more comprehensive Internet destination where users can find deals that suit them in a manner that’s convenient to them. Savoo is the sister site of the highly successful US coupon and deal giant Savings.com http://www.Savings.com
About mySupermarket
mySupermarket is a grocery shopping and comparison site that allows you to compare and shop from four supermarkets in one central place. Our aim is to help you get the best possible price for your supermarket trolley while enjoying an easier and more consumer-friendly shopping experience.
We are 100% independent from the four supermarkets featured on the site. None of the supermarkets or product manufacturers own a stake in the company. When comparing between supermarkets, our only agenda is ensuring that our shoppers get the best value possible.
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