What is the 25% figure coming from? Not disputing it, just curious.
Unable to give US equivalents but I think the price increases were pretty significant on the lower end and less so the higher you go up.
Until a few years ago it was possible to get instant ramen noodles for ~15p, you could get 6 eggs for like 80p, baked beans for 20p, etc. All of these things and similar spiked massively very very quickly. There was also a kind of double inflation where a lot of the value offerings seemed to disappear from shelves for an extended period (e.g. I remember a patch of several months where those instant ramen noodles weren't stocked in any supermarket near me at all while the 90p branded version was).
They've actually gone back down somewhat since but what you're looking at is people barely scraping by seeing drastic increases in their grocery bills.
Similar issues occurred with energy costs in the last few years; along with the rates going up the companies drastically bumped up the standing charge so even if you almost cut out all usage entirely you still could wind up seeing an increase.
Unable to give US equivalents but I think the price increases were pretty significant on the lower end and less so the higher you go up.
Until a few years ago it was possible to get instant ramen noodles for ~15p, you could get 6 eggs for like 80p, baked beans for 20p, etc. All of these things and similar spiked massively very very quickly. There was also a kind of double inflation where a lot of the value offerings seemed to disappear from shelves for an extended period (e.g. I remember a patch of several months where those instant ramen noodles weren't stocked in any supermarket near me at all while the 90p branded version was).
They've actually gone back down somewhat since but what you're looking at is people barely scraping by seeing drastic increases in their grocery bills.
Similar issues occurred with energy costs in the last few years; along with the rates going up the companies drastically bumped up the standing charge so even if you almost cut out all usage entirely you still could wind up seeing an increase.