The survey conducted by Saxo revealed that Waitrose offers a Christmas dinner cheaper than Iceland and Sainsbury, at £40.32, showing surprising value for consumers.
Aldi takes the crown as the cheapest option for a Christmas dinner at £24.62, closely followed by Asda at £24.86, demonstrating competitive prices amidst rising food costs.
Overall food price inflation stands at 2%, with varying impacts on different food groups. A decline in sugar and cereal prices offsets rising costs in meat and dairy.
Despite a temporary strengthening of the pound, it hasn't significantly affected import prices. Energy and labor costs remain crucial factors in food production expenses.
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