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Economics
Inflation & Prices

Britons Paying 51% More for Their Milk as Breakfast Index Surges

  • Cost for making an English breakfast is up 19.5% from year ago
  • Milk, butter biggest risers in UK basket of goods, index shows

Higher-than-expected inflation is taking a toll on UK consumers’ grocery shopping, spelling food poverty for many families.

Bloomberg’s monthly Breakfast Index shows that the cost of basic ingredients that go into an English “fry-up” have all increased significantly from a year ago, with milk jumping by 51% and butter up 31%. It’s yet another measure of how thousands of families can’t avoid paying ever-higher prices for the foods they regularly put on the table.