Monday, April 10, 2023

Competition? Pshaw! Name of the game - profits!


THE UK supermarket that was ranked as one of the cheapest just one year ago is now the most expensive, it's been revealed.

Last year, Asda was named the third cheapest out of major retailers - jus trailing behind budget competitors Lidl and Aldi.

But now, price tracking analysis of eight essential goods by the Manchester Evening News (MEN) revealed that all but one of the big brands' prices had increased by 25% or more since 2022.

They measured the cost of a basket of basic items like salted butter, beef mince and a loaf of white bread.

And Asda topped the list with a staggering 32.4% increase, raising their essentials basket from £9.44 to £12.50.

Aldi had the second largest price hike with a 31.4% increase, followed by Lidl and Tesco with 30% and Morrisons with 25%.

https://www.thesun.co.uk/money/21994282/uk-supermarket-ranked-most-expensive-essentials/

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