Further Costs Of Living Rising

This time it’s the cost of healthy living

Although food generally only accounts for 12% of household spending, the increase in the price of vegetables and mineral water is going to put a strain on living healthily on a budget. This is in stark contrast from the market a year ago when vegetables were dropping in price.

The Office for National Statistics said:

The month-on month rise of 1% in food and non-alcoholic drink prices was a record rise for June to July.

With both essential costs of living rising and the UK economy set to grow gradually in the next two years, consumers may have trouble paying for their essentials.