Food price inflation hits record levels as shoppers trade down to own brand

man shopping in supermarket with phone

Food prices have hit a new record high, forcing shoppers to turn to own-label products in a bid to save cash. 

Grocery prices increased 11.6% in the four weeks to August 7, according to new figures from Kantar. It marks the steepest inflation rate recorded by Kantar since it began collating such data back in 2008.

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.