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Hampstead Highgate Express

Grocery price inflation edges up as shoppers lean on special offers

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Grocery price inflation edges up as shoppers lean on special offers
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Supermarket prices rose again, with grocery price inflation edging up to 2.5% year-on-year, according to Worldpanel by Numerator. That compares with 2.3% in the prior month, as shoppers leaned more heavily on promotions to keep bills under control. Spending on deals over the past month increased by more than £250 million versus last year. The data also pointed to lower prices for some Halloween staples: like-for-like chocolate confectionery was 3% cheaper than a year ago, while 1.2 million households bought a pumpkin over the latest four weeks. Worldpanel said Lidl gained share, reaching 8.6%, and online sales at Ocado rose 12.4%.

xCruzo quick-read summary • Source: Hampstead Highgate Express • Read the full article for complete information.
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