Average grocery basket price continues to fall: online tracker

An online tracker has indicated that the average grocery basket price continued to fall last month, despite warnings of  post-Brexit increases to the cost of imported goods.

According to price comparison website mySupermarket’s Groceries Tracker, a  basket of 35 popular items cost £81.33 last month, 60p cheaper than the month before and £1.26 cheaper than May last year.

Overall, the cost of 18 items fell, 11 increased and six stayed the same.

The news comes a week after the  BRC-Nielsen Shop Price Index indicated that the price of grocery shopping continued its upwards trajectory, with food inflation rising 1.4 per cent in May compared to 0.9 per cent in April.

Today’s Groceries Tracker figures show that most price rises were between one per cent and three per cent,  although the cost of mushrooms rose by seven per cent.

READ MORE:  Cost of grocery on the up despite continuing fall in overall shop prices

However, bananas saw a four per cent  price drop, peppers and tomatoes were down three per cent and two per cent  respectively, while the biggest fall was for onions at per cent.

“The current political climate in the UK will soon start to have an impact on the price of goods as the price of imported goods will likely increase,” mySupermarket chief executive  Gilad Simhony said.

“In these times of economic uncertainty, supermarkets are doing what they can to entice customers into the store.

“This benefits the consumer as the supermarkets engage in a price war, pushing the price of fruit and vegetables down.

“By doing your research before shopping and splitting your shop across multiple stores, you could save up to 30 per cent.”

Click here to sign up to Retail Gazette‘s free daily email newsletter

Grocery

Filters

RELATED STORIES

Menu

Close popup