Takeaway giant Greggs has revealed that sales jumped by 15 percent over the past three months as cash-conscious consumers looked for ways to cut their food bills.

But the chain has already admitted prices for some of its products could go up by as much as 10p.

The bakery chain said sales slowed during August as people ditched pandemic-fuelled staycations in favour of foreign travel, but that momentum returned in September.

It said the sales increase comes “in an environment where cost pressures are significant and our outstanding value-for-money positioning is ever-more important to consumers”.

Read more: Greggs' to offer free hot drinks and bakes to customers

Greggs also noted that its sales growth dipped by about 1 percent as a result of closing its shops for the Queen’s funeral on September 19.

Cost inflation for the year is expected to remain at its previous estimations of 9 percent on last year as the retailer faces surging costs of raw materials, production, and energy.

The Northern Echo: The Greggs brand is still strongThe Greggs brand is still strong (Image: Press release)

The chain – which has recently launched its new autumn menu including the pumpkin spice latte and the chicken and stuffing baguette – previously announced that customers would see 5p or 10p increases on some items as it was forced to raise prices for the second time this year.

But Greggs said it has fixed prices with suppliers for a good level of its future food and energy costs.

The group has driven forward its expansion plans and is set to have opened 150 new stores for the year as a whole, including two “drive through” shops in Amesbury and Durham.

A spokesperson added: "The broadening of our vegan-friendly food options has also been well received, and latest additions to the menu include our 'vegan bean & cheeze toastie' and the 'vegan southern fried chicken-free baguette'."

Despite the 'considerable uncertainty' across the wider economy, Greggs made no changes to its full-year profit guidance.

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