UK shoppers eye bargains as grocery price inflation drops
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UK shoppers eye bargains as grocery price inflation drops
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"Fraser McKevitt, head of retail and consumer insight at Worldpanel, said: For most shoppers, January is all about resetting household budgets, and this year was no exception. While grocery sales continue to grow and inflation eased to its lowest level in months, value remained front of mind for many, with own-label hitting a record high, accounting for more than half of all grocery spend."
"Grocery price inflation eased to 4 per cent in January, reaching its lowest point since April and offering some relief to households. This decline from December's 4.3 per cent coincides with a record 52.2 per cent of grocery sales now comprising supermarket own-label goods, according to market research firm Worldpanel by Numerator. Spending on promotional items also surged by 10.9 per cent year-on-year, the fastest growth since October 2024."
The Independent covers topics from reproductive rights to climate change and Big Tech, sending reporters to develop stories and produce documentaries like 'The A Word'. The outlet does not place reporting and analysis behind paywalls and relies on donations to keep journalists on the ground and to present multiple sides of stories. Grocery price inflation eased to 4% in January, its lowest point since April, providing some relief to households. Supermarket own-label goods reached a record 52.2% of grocery sales. Spending on promotional items rose 10.9% year-on-year, the fastest increase since October 2024, while full-price sales rose modestly.
Read at www.independent.co.uk
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