Sainsbury's puts price of pint of milk up to £1.05 for first time as costs continue to soar
Sainsbury's shoppers will now have to pay more than £1 for a pint of milk after the supermarket has upped its price. A pint of milk in Sainsbury's smaller shops now costs £1.05 - which is a record high.
The price hike means Brits are now paying two-and-a-half times more for milk than a year ago, when according to official figures, the price of an average pint of milk was 43p this time last year.
In another blow to shoppers during the cost of living crisis, two pints of milk will now cost £1.35 as inflation hit a 40-year high of 10.1 per cent in July, reports The Mirror.
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The cost for a pint of milk in Sainsbury's bigger supermarkets costs 85p - around a fifth less - while two pints will set you back £1.15.
In a general statement on why prices are different in Sainsbury's large shops compared to its convenience stores, the supermarket giant said: "We're committed to offering competitive prices for our customers. Whether in our supermarkets, online or in a local store, we aim to make our prices clear, fair and appealing to our customers.
"Different sizes of stores have very different operational requirements and running costs. Rents, for example, are often more expensive in our smaller stores due to their locations.
"It can also be more of a challenge to deliver products to our local stores. These, and other factors such as staffing, local rates and a focus on convenience products mean there are differences in price between our supermarkets and local stores."
Elsewhere, the price for one pint of milk in Tesco is the same in both its bigger and smaller shops at 85p because the chain price matches with Aldi, the Sun