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UK Grocery Inflation Hits 4.7% as Prices Reach Highest Since March 2024

Record supermarket visits reflect shoppers coping with price rises by relying more on own-label products with stepped-up promotions

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Low-income households will feel the pressure most because they spend a larger proportion of their income on necessities
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Overview

  • Grocery prices rose 4.7% year on year in June, marking the highest level of supermarket inflation since March 2024.
  • British consumers made 490 million supermarket trips over the four weeks to June 15, the most recorded since March 2020.
  • Despite more frequent visits, take-home grocery sales increased by 4.1% year on year while average spend per trip dipped to £23.89.
  • Promotional spending accounted for 28.8% of grocery sales as own-label ranges grew by 4.2%.
  • Aldi and Lidl outpaced the market with sales growth of 6.5% and 11.2% respectively, and Tesco boosted its market share to 28.1%.