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21 June 2017 08:42
Grocery costs have fallen for many self-catering holidaymakers
Holidaymakers could save themselves money by opting for self-catering breaks this summer, a report has shown.
That's because of the role cheaper grocery prices could play in their holiday budgets.
Data from Post Office Travel Money and Monarch Holidays indicates that food and drink in foreign supermarkets have fallen in price despite the effects of the weakened pound. The research suggests that prices are down compared to the situation five years ago across eight popular European resorts.
Cheapest destinations
After assessing a basket of 15 self-catering basics, it was found that Majorca was the cheapest destination. The bill of £31.91 is now 19% lower when compared to the situation back in 2012.
To put things in perspective, 40 teabags on the island would only set UK tourists back 40 pence.
Next cheapest was the Algarve region of Portugal, where the basket of grocery items would come to £33.65. Lanzarote was in third place, at £34.41.
At the other end of the scale, it was discovered that Limassol in Cyprus (£44.29), Dalaman in Turkey (£42.13) and Costa Blanca in Spain (£41.04) were the most costly places for grocery bills.
Food costs are among the things people should consider when weighing up a holiday destination, along with hotels, flights and travel insurance.
Value of the pound
Andrew Brown from Post Office Travel Money said people should look at the value of the pound before booking any foreign trips.
He commented: " It's good to report that the cost of self-catering groceries has fallen in parts of Europe despite the fall in sterling's value since last year.
"However, the wide variations we found across the destinations surveyed mean families should do their homework and check prices before booking. Majorca and Portugal are great value for self-catering. Our advice is to do one big supermarket shop and choose cheaper local brands. Buy fresh fruit and vegetables in local markets and only use mini-marts to top up supplies."
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