Grocery price inflation slips to lowest level in over a year
Grocery price inflation fell to the lowest levels seen in the last 12 months, while take-home grocery sales grew month on month.
In the four weeks to September 3, 2023, grocery price inflation hit 12.2% – the lowest level seen since 2022, according to the latest grocery market share data from Kantar.
Despite inflation dropping to its lowest levels seen this year, Kantar head of retail and consumer insight Fraser McKevitt said the numbers will not be anything to celebrate.
Subscription content
Please sign in now if you have a subscription or are already registered with us.
Register for free to continue reading
Retail-Week.com 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 Retail-Week.com
- 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 moments before your account is updated.