Grocery price inflation drops to lowest level in over a year

Latest research from Kantar

Grocery price inflation has fallen for the sixth month in a row to its lowest level in over 12 months.

According to the latest research from Kantar, the measure fell to 12.2% for the four weeks to 3 September.  Take-home sales from the grocers rose by 7.4% compared with the same period in 2022, a slight increase on the 6.5% growth reported last month.    The discount retailers have benefited from the inflationary context with knock-on effects for British shopping habits more generally. This month, Aldi grew sales by 17.1% and Lidl by 16%. Between them, the discounters now capture 17.7% of the sector.  UK business leaders forecast inflation to fall over next 12 months Fraser McKev...