Food shopping drops as grocery inflation reaches nine-year peak

Food shopping drops as grocery inflation reaches nine-year peak

Kantar also predicted that the trend in grocery inflation may continue and the effects will be seen “for months to come”. File picture

Households are planning to cut back on the amount of food they buy, as the latest figures show that grocery inflation is at its highest level in almost nine years.

The latest research from Kantar shows that prices in supermarkets rose 5.5% in the last 12 months, the highest annual rise since August 2013. Coinciding with that is a fall in take-home grocery sales of 6.5% in the last 12 weeks to May 15, 2022, as customers spend less on trips to the shops.

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