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    Featured

    Poultry Business – June 2025 issue

    By Chloe RyanJune 9, 2025
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    June 9, 2025

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Business & Politics

One quarter of British shoppers struggling as grocery price inflation goes above 17% for the first time

Chloe RyanBy Chloe RyanFebruary 28, 20231 Min Read
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Grocery price inflation rose again to reach 17.1% in the four weeks to 19 February 2023, the highest level ever recorded by Kantar.  Overall take-home grocery sales increased by 8.8% during the four weeks and by 8.1% over the 12-week period.

“Shoppers have been facing sustained price rises for some time now and this February marks a full year since monthly grocery inflation climbed above 4%.  This is having a big impact on people’s lives,” said Fraser McKevitt, head of retail and consumer insight at Kantar.

“Our latest research shows that grocery price inflation is the second most important financial issue for the public behind energy costs, with two-thirds of people concerned by food and drink prices, above public sector strikes and climate change.  One quarter say they’re struggling financially, versus one in five this time last year.  The numbers speak for themselves.  If people don’t change how they buy their groceries, households are facing an £811 increase to their average annual bill.”

Supermarkets and shoppers are adapting to manage rising prices.  “The battle to offer best value for consumers continues in this intensely competitive sector, particularly as the traditional retailers look to protect market share from the discounters.”

 

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Chloe Ryan

Editor of Poultry Business, Chloe has spent the past decade writing about the food industry from farming, through manufacturing, retail and foodservice. When not working, dog walking and reading biographies are her favourite hobbies.

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