Food

A British Christmas to be cheaper this year than last

December 17, 2013

The price of a British Christmas is expected to drop in 2013. - AFP/Relaxnews pic, December 17, 2013.The price of a British Christmas is expected to drop in 2013. - AFP/Relaxnews pic, December 17, 2013.Good news for Britons planning to host a Christmas dinner: your grocery bill will be lower than last year.

In fact, according to a new infographic by market research group Euromonitor, the average Christmas meal is estimated to be 21% cheaper this year compared to 2012, which may allow dinner hosts to splash out for a pricier bottle of bubbly or add a gourmet cheese platter to the menu.

The new figures serve as a strong sign that the economic recovery is picking up in the UK, the report says.

“The food crisis of 2012 drove the price of Christmas dinner up everywhere, a trend which looks set to be reversed in 2013.”

A typical British holiday meal is defined as turkey, ham, Brussels sprouts and potatoes. Data was compiled using wholesale prices in November to predict the prices consumers will pay in December.

Spuds and Brussels sprouts experienced the biggest price change per kilogram, dropping 35%, comparing costs in the same period in November 2012 and 2013. The wholesale price of turkey fell by about 15%, while the price of pork remained the same. - AFP/Relaxnews, December 17, 2013.