Grocery price inflation still at record high despite first drop in nearly two years

Supermarket aisles at Christmas, showing shoppers and promotional decorations

Grocery inflation was still at a near-record high in November, despite prices dipping slightly for the first time in 21 months.

While the rate of grocery price inflation fell 0.1 percentage points to 14.6% in November, near-record price rises have seen sales of festive staples such as mince pies and Christmas puddings fall year on year, according to the latest Kantar grocery market share data. 

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.