Sep7th

Shoppers Being Increasingly Hit In The Wallet

Shoppers Being Increasingly Hit In The Wallet

Grocery prices in August rose by 1% month-on-month according to data from groceries website mySupermarket.co.uk.

An average basket of 35 essential products cost £86.75 in August compared to £86.11 in July. Over the course of a year the increase would cost shoppers an extra £33 for their favourite grocery products.

mySupermarket’s Groceries Tracker monitors the cost of the same 35 most commonly bought grocery products and publishes the prices on a monthly basis.

The products that increased the most in August compared to July were crisps (up 6%), mushrooms (up 10%) and onions, up by a massive 16%. Fans of broccoli (down 2%), carrots (down 3%) and cucumbers (down 3%) can be happy as these products fell in price the most.

Prices are still lower than a year ago as the same basket in August 2014 would have cost shoppers £91.19, a saving of 5%.

Gilad Simhony, CEO of mySupermarket.co.uk, said: ‘’The increase in price for our essential products is worrying and could herald the beginning of a bigger rise in the cost of groceries. The good news is that shoppers do not need to pay more for the products they love as comparing prices and playing the supermarkets off one another can result in huge savings. Shoppers can save around £1,000 e year if they compare prices.’’