Our friends at the EEF, upon buying their pancake ingredients for Shrove Tuesday could not quite believe how much they now cost. As the price of agricultural commodities has soared in recent years so has the cost of pancake ingredients.
There have been some significant increases in the prices of basic goods in recent years. Flour and eggs are approximately one third more expensive than they were five years ago. And over the same period the price of butter has increased by nearly two thirds. In fact, if you weigh out all of your ingredients, the price of making pancakes has risen by 30% in the last five years.