Aldi overtakes Morrisons to become UK’s fourth largest supermarket amid cost of living crisis
Supermarket inflation reached a new record of 12.4% last month, adding £571 to annual household bills, with milk and butter seeing some of the biggest price rises.
The market research firm Kantar said the typical annual grocery bill has risen to £5,181 from £4,610. Milk, butter and dog food are among the items affected by the biggest increases, going up in price by 31%, 25% and 29% respectively in the four weeks to 4 September compared with a year earlier.