Margarine, milk and dog food prices rising fastest, with a quarter of all households say they’re struggling financially
Supermarket inflation in the UK has soared towards 15%, driving up the average bill by £682 per year.
Grocery prices were 14.7% higher than a year ago in October, Kantar Worldpanel reports, as shoppers continued to be hit by rising costs.
“Yet again, we have a new record high figure for grocery price inflation and it’s too early right now to call the top.
Consumers face a £682 jump in their annual grocery bill if they continue to buy the same items and just over a quarter of all households [27%] now say they’re struggling financially, which is double the proportion we recorded last November.
