How much has a Christmas Dinner increased? (Inflation) - Retail Economics

This short video looks at the impact of inflation on the cost of an average turkey Christmas dinner in the UK in 2022. It provides a breakdown of price increases on individual food items such as turkey, potatoes and carrots.

For retailers, brands and retail related organisations, it is important to think smarter about the impact of inflation by considering different household income levels. Less affluent households spend a disproportionate amount of income on essentials like utilities and food, hence are impacted more.

Get the Retail Economics-HyperJar Cost of Living Tracker to start thinking smarter about inflation impacts on consumer behaviour.

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