US Edition
UK grocery inflation hits highest level since February 2024, says Kantar
- Inflation for groceries in the UK increased to 4.7% during the month leading up to June 15, reaching its highest point since early last year.
- This inflation resulted from rising commodity prices and employer tax hikes that supermarkets said added to overall cost pressures.
- Despite higher prices, shoppers made 490 million supermarket trips last month, averaging nearly 17 visits per household, the highest since March 2020.
- However, average spending per trip fell by 3 pence to £23.89, and overall grocery volumes saw their first annual decline of 0.4%.
- The data suggest consumers are balancing budgets by shopping more frequently but buying less per visit, which may signal ongoing strain from rising food costs.
Insights by Ground AI
Does this summary seem wrong?
17 Articles
17 Articles
All
Left
4
Center
4
Right
1
Coverage Details
Total News Sources17
Leaning Left4Leaning Right1Center4Last UpdatedBias Distribution44% Left, 44% Center
Bias Distribution
- 44% of the sources lean Left, 44% of the sources are Center
44% Center
L 44%
C 44%
11%
Factuality
To view factuality data please Upgrade to Premium
