Average grocery basket cost continues upwards trajectory

The price of the average basket of grocery items continued its sharp rise in July, according to a monthly tracker.

Shopping and comparison website MySupermarket’s monthly Groceries Tracker found the price of a basket of 35 popular items came to £84.35 compared to the previous month of £83.04.

Overall, the cost of 19 products rose, 10 decreased while six remained the same.

The total basket is £1.31 more expensive than June 2017, and it is also 91p more expensive than July 2016.

The news comes the same day as the monthly BRC-Nielsen Shop Price Index, which suggested a slowdown in fresh food inflation from 1.4 per cent to 1.2 per cent in July alongside a rise in ambient food inflation from 1.5 per cent to 1.6 per cent in the same month.

READ MORE:  After months of falling prices, average grocery basket cost rises sharply

MySupermarket’s tracker found that the  majority of the products rose between two and eight per cent, but onions and kitchen towels rose by 16 per cent and 18 per cent respectively.

The price of mushrooms also dropped by six per cent following a consistent three-month increase.

The items that did fall in price did so minimally, as the difference is only one per cent.

MySupermarket chief executive Gilad Simhony said the latest monthly tracker indicated there is no slowdown in price increases across UK supermarkets.

“Since June there has been a £3 rise in the price of the average shopping basket, which is more than double for the same period last year as it only rose by £1.50 in the same two months last year,” he said.

The Groceries Tracker monitors the cost of the same 35 most commonly bought grocery products monthly.

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