THE GUARDIAN: Consumer insight tracker shows 85% are worried about food prices and a majority think the economy will deteriorate
Three million UK households are being forced to skip meals as consumers resort to drastic measures to deal with rising costs, according to a Which? report published on Thursday.
The conflict in the Middle East and subsequent surge in oil and raw material prices has led to businesses preparing to raise prices, putting more pressure on household finances and hitting consumer confidence.
The Which? consumer insight tracker for the month to 10 April shows a fall in consumer confidence to -62. This is the lowest level since the peak of the cost of living crisis in 2022 and down from -56 the previous month.
Most adults – 71% – believe the UK economy will deteriorate in the next 12 months, with only 9% predicting it will get better. And 85% are now worried about food prices, up from 83% in February.
To manage rising costs, families are compromising on their shopping and eating habits, with 43% buying cheaper products, 37% purchasing more supermarket-branded budget items and 31% buying extra items when on sale.
On top of that, one in 10 UK households are now skipping meals and one in seven are going without some foods. » | Claudia Efemeni | Thursday, April 30, 2026