Analysis of childcare costs by Coram Family and Childcare group finds that the average cost of a nursery place for 25 hours per week for a child under the age of two is £6,800 a year (£131.61 a week).
This is an increase of five per cent on last year’s figure and more than double the current consumer price inflation of 1.8 per cent.
This year’s figure is also more than twice as much as the average household is spending on food and non-alcoholic drinks each week, which stands at £60.60 according to the Office of National Statistics.
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