Tuesday, 12 February 2013
Pancake price barely moved
Pancake inflation very subdued - time to get frying!
Official stats say prices rose by an average of 2.7% over the last year and that food prices have been a major factor.
But the good news is that my own pancake index (following the Delia pancake recipe) shows the cost of a pancake rising by less than 1% - a mere 0.76% in fact.
And each pancake costs just 8.8p.
Here's her ingredients list for 12 pancakes...
110g/4oz plain flour, sifted
Price: 8.21p (9.24p a year ago)
Pinch of salt
Not charging for this
200ml/7fl oz milk mixed with 75ml/3fl oz water
Total: 106p compared with 105p a year ago.
Source: Office for National Statistics