Grocery inflation soars as pressure grows on shoppers

UK grocery prices have increased at their fastest pace for 18 months amid growing concern from shoppers about the rising cost of living, according to new figures.

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Grocery price inflation accelerated to 5.2 per cent in the four weeks to July 13, according to market research firm Worldpanel by Numerator, which was recently renamed from Kantar.

It represented a rise from inflation of 4.7 per cent a month earlier and marked the highest level since January 2024. The data indicated that rising prices are set to add an average of £275 to shoppers’ annual grocery spending.