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Webboard > Grocery bills forecast to rise by £12 a week on average

momo 12 Oct 2022 14:45 IP Address:



Grocery bills forecast to rise by £12 a week on average



Grocery bills forecast to rise by £12 a week on average






The average annual grocery bill across Great Britain is forecast to rise by £643 this year, according to research firm Kantar.

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That means shoppers could be paying on average an extra £12 a week for food and other groceries.

Back in June, the firm predicted the cost of the average annual supermarket shop would go up by £380 in 2022.

Food prices have soared this year, with the war in Ukraine helping to drive up prices at supermarket tills.

The survey also showed the price of a weekly shop rose 13.9% in September, compared with the year before. That marks another record high since Kantar first started tracking the sector in 2008.

"The cost-of-living crisis is still hitting people hard at the checkouts and this latest data will make tough reading for many," said Fraser McKevitt, head of retail and consumer insight at Kantar.

"Based on our numbers, the average household is facing a £643 jump in their annual grocery bill to £5,265 if they continue to buy the same items. Taking that at a basket level, that's an extra £3.04 on top of the cost of the average shopping trip last year which was £21.89."

However, the firm also said that people are looking for ways to manage their budgets to avoid paying more for their shopping, amid soaring living costs.

Sales of supermarket own-label products continue to grow as customers switch from branded products.

 
 


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Grocery bills forecast to rise by £12 a week on average
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