Households across the UK are now facing daily financial battles as new figures saw the living costs hit a 40-year high. 

It comes after experts warn that the country is preparing for "profoundly difficult months" as energy bills and food prices take a hike in prices. 

With the Office for National Statistics (ONS) noting the soaring cost of food and fuel creating 9.4% inflation. 

As motorists saw pump prices rise by 42% and food prices rise faster than ever before. 

News Shopper: Shopping. (PA)Shopping. (PA)

But now economists have said inflation could rise even more to 12% later this year. 

READ MORE: Discounts to be given to families to help at the checkout

How much your daily shopping has risen in price: 

Food: 

  • Bread 9.7%
  • Breakfast cereals 6.2%
  • Butter 21.5%
  • Edible ices & ice cream 8.9%
  • Eggs 11.5%
  • Fish 8.0%
  • Fruit 6.9%
  • Jams, marmalades & honey 15.1%
  • Low-fat milk 26.3%
  • Margarine & other vegetable fats 14.6%
  • Olive oil 18.2%
  • Pasta & couscous 15.9%
  • Pork 9.8%
  • Potatoes 9.4%
  • Poultry 14.9%
  • Ready-made meals 16.7%
  • Rice 4.4%
  • Sauces, condiments, salt, spices & culinary herbs 17.1%
  • Sugar 5.1%

Drinks:

  • Beer 2.2%
  • Coffee 13.2%
  • Fruit & vegetable juices 9.1%
  • Mineral or spring waters 19.5%
  • Soft drinks 6.6%
  • Tea 6.8%
  • Wine 1.7%

Electricity, gas & other fuels:

  • Electricity 53.5%
  • Gas 95.5%
  • Solid fuels 22.4%

Clothing:

  • Clothing accessories 7.5%
  • Footwear for infants & children 8.0%
  • Footwear for men 5.1%
  • Garments for infants & children 6.2%
  • Garments for men 8.1%
  • Garments for women 5.4%
  • Footwear for women 3.6%

Household items and furniture:

  • Bed linen 7.5%
  • Cookers 8.1%
  • Garden furniture 25.5%
  • Glassware & chinaware 12.7%
  • Heaters & air conditioners 17.2%
  • Irons 22.1%
  • Refrigerators, freezers & fridge-freezers 13.1%

Vehicles:

  • Bicycles 8.9%
  • Motorcycles 2.4%
  • New cars 7.0%
  • Second-hand cars 15.2%

Hospitality & recreation

  • Hotels, motels and inns 14%
  • Canteens 6%
  • Cinemas, theatre and concerts 16.7%
  • Fast food and takeaway food 9.5%
  • Holiday centres, camping sites and youth hostels 24%
  • Restaurants and cafes 7.4%

Passenger transport

  • Train fares 5%
  • Underground and tram fares 4.1%
  • Bus and coach fares 3.5%
  • Air fares 22.4%

Recreational items:

  • All garden products 16.2%
  • Camping equipment 4.5%
  • Equipment for sport 12.4%
  • Plants and flowers 9.7%
  • Products for pets 9.6%
  • Veterinary and other pet services 7.7%