Supermarket receipt from 1995 shows how much prices have risen for a weekly shop
Allowing for inflation, the bag of everyday essentials cost a whopping 2.46 times more in today's prices compared with 28 years ago.
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NEWS
By
Jess Molyneux
Steven Rae
- 18:44, 18 FEB 2023
Kwik Save supermarkets were a mainstay of the UK for 50 years.
An old shopping receipt shared on social media has highlighted the huge increase in prices over the past two decades, as the UK deals with a cost of living crisis. The receipt, from discount supermarket Kwik Save, dates back to 1995, and shows how much the average price of daily essentials have risen.
The 38 items of shopping came to £24.79, with items including Flora, Penguin biscuits, a box of Tetley tea and toothpaste. Chris Eyres discovered the receipt in a box which belonged to his late mother, reports the Liverpool Echo.
Using an inflation calculator, £24.79 in 1995 is worth £60.97 in today's climate in the UK - an increase of £36.18 over 28 years. The pound had an average inflation rate of 3.27 per cent each year between 1995 and today, meaning a price increase of 145.96 per cent, according to in2013dollars.com.
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A multipack of Penguin biscuits was priced at 66p. In 2023, a six pack of these costs around £1. A jar of Mellow Birds coffee came in at £1.45. These are priced at £2.50 in Iceland for a 100g jar, or £5.40 for a 200g jar in Tesco currently. A jar of Heinz Baked Beans came in at 23p. Today, a 200g jar is priced at £1 in Tesco and in Sainsbury's and £1.40 for a 415g jar.
The receipt Chris Eyers found in his late mother's belongings.
Chris said: "My first reaction was how many items were on the list for a relatively small amount of money. I remember my mum use to go every Thursday when I was a kid and I'd be waiting eagerly what she'd brought me back as a treat.
"I'd run to the car boot to see what was in all the bags. Really friendly people worked there and everyone was polite. Need a payday loan these days to buy 30 odd items."