UK shoppers seek deals as grocery price inflation rises again
Source: The Guardian ·
Supermarkets use special offers to draw in sales, while more people buy Halloween products early this yearBusiness live – latest updatesUK grocery price inflation has edged up again as shoppers lean on special offers to keep their costs in check, new figures show.Supermarket prices were 2.5% higher than last year in the four weeks to 4 October, up from 2.3% last month, data from Worldpanel by…
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UK grocery price inflation has edged up again as shoppers lean on special offers to keep their costs in check, new figures show. Supermarket prices were 2.5% higher than last year in the four weeks to 4 October, up from 2.3% last month, data from Worldpanel by Numerator shows. Spending on promotions over the last month was up by more than £250m compared with last year – with special offers remaining an important tool for shoppers hoping to keep their grocery bills in check, or to make pricier items and larger packs more affordable, Worldpanel said. Fraser McKevitt, the head of retail and consumer insight at Worldpanel, said: “With the autumn budget fast approaching, the cost of living continues to weigh heavily on the minds of shoppers. And the cost of filling up a car is only adding to the pressure on household budgets. “More than half tell us they’re very or extremely worried about petrol prices, and almost one in three say it’s already taking a real toll on their finances. “Until…
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