Broke blokes can pick up a smart pinstripe whistle for just £27.98.
And the full outfit including SHOES, SHIRT and TIE is a snip at a bargain £49.96.
Aldi reckon the crunch-buster deal is tailor-made for recession-hit men to go on job interviews. Bosses expect the gear to fly off the shelves when it reaches stores on Thursday.
A spokesman said: "You will not be embarrassed wearing it because it doesn't look like a cheap suit.
"It is a breakthrough because it's washable and durable and, unlike most cheap suits, it's not 100 per cent polyester."
The suit will be available while stocks last - so shoppers better be quick. The machine washable jacket costs £18.99 and is available in black pin-stripe or grey.
The trousers are £8.99, and there are four shirt and tie combinations to choose from for £9.99.
To finish the bumper bargain look, Aldi is selling a pair of black leather-lined shoes for only £11.99.
Supermarkets have been fighting to offer the cheapest suit on the High Street, and special deals have driven down prices. But most discount outfits are 100 per cent polyester whereas the Aldi version includes a viscose mix to avoid the feel of a cheap suit.

Tesco offers a jacket and trousers for £36, Sainsbury's has a similar deal at £35, shoppers can pick up a suit from George at Asda for £31, and an outfit from Marks and Spencer for £49.50.
But the £28 suit is set to be Aldi rage!
OUR Fabulous magazine's fashion editor Lynne McKenna says: "Aldi have come up with the perfect way to become a designer man at a discount price.
"They've avoided the cheap-looking material of other bargain suits and it's great men can mix and match the selection of shirts and ties for easy, cost-effective alternatives.
"The only problem is it has a limited availability and you can't buy it online."
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This article has 2 comments
I have applied for 44 job vacancies since being laid off in July, and recieved 1 reply for an interview next month, and at this price i hope it will give me the "advantage" over the opposition.
As a fully qualfied tredesman i am encountering bigger opposition from the "grey" market where immigrants work for cash in hand while receiving benefits.
How am i expected to compete against this.
I blame the Labour Government for ruining this country and opening our benefits system to the crooks who will bleed us dry.
By Andy.. Posted August 30 2009 at 8:32 PM.
Are they going to do a range of sizes for we larger gentlemen. Hmm, I wonder.
By Mike Brailsford.. Posted August 30 2009 at 11:37 AM.