The latest inflation figures are in – and on the basis that their basket differs somewhat from the average consumer, it’s not good news for students.
The cost of food and non-alcoholic beverage prices rose by 14.6 per cent in the 12 months to September 2022, up from 13.1 per cent in August. The annual rate of inflation for this category has been rising for the last 14 consecutive months – with the current rate the highest since April 1980.
It’s worse below the surface. Universities can publish those cooking tips webpages until they are hungry in the face, but the largest upward effects in the increase came from the staples often found on the recipe cards – bread and cereals, meat products, and milk, cheese and eggs.
