Grocery price inflation edged up again in September as households turned back to promoted items as they sought to manage finances, figures show. Supermarket prices are now 2% more expensive than a year ago, up from August’s 1.7%, according to data from analysts Kantar. Households responded by sending sales of promoted items up by 7.4% over the month while full price sales rose by just 0.3%. Tesco gained its largest share since December 2017 to take 28% of the market, up from 27.4% a year ago. Ocado was the fastest-growing grocer for the eighth month running, with sales up 10% over the latest 12 weeks.

Source: Express October 08, 2024 07:15 UTC