Grocery inflation hits 13-year high costing customers an extra £380 a year

Grocery basket

Grocery inflation has hit a 13-year high in the month of June, with food bills on course to increase by an average of £380 a year for customers.

The latest grocery market share data from Kantar showed that take-home grocery sales fell 1.9% in the 12 weeks June 12, 2022, the strongest performance since October 2021. 

Over the last four weeks, sales grew 0.4% compared with the same period in 2021. 

Despite the positive performance for grocers, the concern remains surging inflation. Grocery prices rose 8.3% in the last month - the highest food inflation figure since April 2009. 

 

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