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Retail price changes


All food groups have risen in price since 2007 (the start of the recession), with rises ranging from 22% to 57%. Food prices overall (including non- alcoholic drinks) rose 8.6% in real terms between 2007 and 2014. UK retail price changes by food group 2007 to 2014


UK retail price changes by food group 2007 to 2014


Vegetables, potatoes ALL ITEMS CPI


FOOD AND NON-ALCOHOLIC BEVERAGES Milk, cheese, eggs Soft drinks Processed food Alcoholic drinks CATERING


Bread, flour, cereals Fruit


Butter, margarine, cooking oil Sugar, jam, confectionery Coffee, tea, cocoa Fish Meat


0 Food waste


The highest proportion of food and drink waste in the food chain was wasted in households, with 7 million tonnes being thrown away in the UK in 2012, or just under half of the 15 million tonnes. UK food and drink waste through the food chain (million tonnes) 2011-12


Wholesale (0.02)


Grocery retail (0.4)


Manufacturing (3.9)


Food prices


Food prices rose 18% in real terms between 2007 and their peak in August 2012, following a long period in which they had fallen. Gradual price reductions since early 2013 to June 2014 have reduced that real terms increase to 8.6% compared to 2007. UK trend in food prices in real terms, January 1980 to July 2014 (Index Jan 1980=100) 100


UK trend in food prices in real terms, January 1980 to Jan 2014 Index: Jan 1980 = 100


80 60 40 20 0


Other (3.0)


Household (7.0)


Hospitality (0.9)


10 20 30 40 50 60 Expenditure on food


Spend on food shopping has increased 30% since 2007 and accounted for almost half of spend (49%) in the sector in 2013. Spend on catering accounted for 27% of sector spend in 2013 and has increased by 20% since 2007. UK Consumer expenditure on food, drink and catering 100


UK Consumer expenditure on food, drink and catering (£)


Other Wholesale Grocery retail Manufacturing Hospitality Household


food and non-alcoholic drink shopping alcoholic drinks (on and off licence)


catering 80 60 40 20 0


“What is food to one man is bitter poison to others”


Lucretius


2005


2006


2007


2008


2009


2010


2011


2012


2013


1980


1985


1990


1995


2000


2005


2010


AUTUMN 2014 SOCIETY NOW 21


£ billion


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