Cost of preparing pancakes soars by 36 per cent in just a year
Now inflation takes its toll on Shrove Tuesday: Cost of preparing pancakes for traditional celebration soars by 36 per cent in just a year
- It will cost £1.40 for the flour, eggs, butter, sugar and milk to make 12 pancakes
- Last year the same ingredients would have costed £1.03, according to experts
The rising cost of living has even encroached on Pancake Day, with the cost of making a batch for the family rising by a third in just a year.
Those celebrating Shrove Tuesday face paying £1.40 for the flour, eggs, butter, sugar and milk to make 12 pancakes.
That is an inflation-busting 36 per cent jump from last year, when the same ingredients would have cost £1.03, according to experts.
While £1.40 for a stack of pancakes won’t break the bank, it reveals how supermarkets are passing on huge increases in the price of key ingredients.
According to social trading business eToro, the biggest rise was in the price of a pint of milk, which is up by 50 per cent. Sugar has also shot up, with a kilogram bag costing 47 per cent more than a year ago.
Those celebrating Shrove Tuesday face paying £1.40 for the flour, eggs, butter, sugar and milk to make 12 pancakes (file image)
The war in Europe prompted an energy and food price spiral. EToro market strategist Ben Laidler said that pancake ingredients are all household staples, so the scale of the price rises is ‘frightening’.
He said: ‘Inflation is impacting almost every part of our lives and celebrations such as Shrove Tuesday are no exception.’
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