Grocery price inflation slips to lowest level in over a year

Supermarket trolley in middle of supermarket aisle

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.

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