Waitrose and Aldi have announced a further round of price cuts in the latest boost to hard-pressed households.

Waitrose is cutting the price of a further 250 products by an average of 10 per cent this week.

At the same time, discount supermarket Aldi is cutting the cost of 55 pieces of fruit of vegetables by an average of 11 per cent.

Grocery prices remain in the spotlight as families grapple with a cost-of-living crisis stretching into its second year. 

UK food price inflation reached its highest since 1977 in March at over 19 per cent.

Price cuts: Waitrose is cutting the price of a further 250 products by an average of 10% while Aldi is cutting the cost of 55 pieces of fruit of vegetables by an average of 11%

Price cuts: Waitrose is cutting the price of a further 250 products by an average of 10% while Aldi is cutting the cost of 55 pieces of fruit of vegetables by an average of 11%

Price cuts: Waitrose is cutting the price of a further 250 products by an average of 10% while Aldi is cutting the cost of 55 pieces of fruit of vegetables by an average of 11%

This official measure slowed to 14.9 per cent in July and while industry data showed it at 11.5 per cent in August, rising food prices remain a major strain on the finances of many households.

Its recent downward movement is being closely watched by consumers, politicians and the Bank of England, which is considering further interest rate rises. 

Waitrose, part of the employee-owned John Lewis Partnership, said the reductions, its third wave this year, would be on items such as pasta, whole chickens, sausages and potatoes.

Monthly industry data has consistently shown Waitrose losing market share to rivals.

Data from industry publication The Grocer also regularly shows it to be the most expensive of the major supermarkets for a basket of goods. 

Surveys show Aldi is the cheapest.

#fiveDealsWidget .dealItemTitle#mobile {display:none} #fiveDealsWidget {display:block; float:left; clear:both; max-width:636px; margin:0; padding:0; line-height:120%; font-size:12px} #fiveDealsWidget div, #fiveDealsWidget a {margin:0; padding:0; line-height:120%; text-decoration: none; font-family:Arial, Helvetica ,sans-serif} #fiveDealsWidget .widgetTitleBox {display:block; float:left; width:100%; background-color:#af1e1e; } #fiveDealsWidget .widgetTitle {color:#fff; text-transform: uppercase; font-size:18px; font-weight:bold; margin:6px 10px 4px 10px; } #fiveDealsWidget a.dealItem {float:left; display:block; width:124px; margin-right:4px; margin-top:5px; background-color: #e3e3e3; min-height:200px;} #fiveDealsWidget a.dealItem#last {margin-right:0} #fiveDealsWidget .dealItemTitle {display:block; margin:10px 5px; color:#000; font-weight:bold} #fiveDealsWidget .dealItemImage, #fiveDealsWidget .dealItemImage img {float:left; display:block; margin:0; padding:0} #fiveDealsWidget .dealItemImage {border:1px solid #ccc} #fiveDealsWidget .dealItemImage img {width:100%; height:auto} #fiveDealsWidget .dealItemdesc {float:left; display:block; color:#004db3; font-weight:bold; margin:5px;} #fiveDealsWidget .dealItemRate {float:left; display:block; color:#000; margin:5px} #fiveDealsWidget .dealFooter {display:block; float:left; width:100%; margin-top:5px; background-color:#e3e3e3 } #fiveDealsWidget .footerText {font-size:10px; margin:10px 10px 10px 10px;} @media (max-width: 635px) { #fiveDealsWidget a.dealItem {width:19%; margin-right:1%} #fiveDealsWidget a.dealItem#last {width:20%} } @media (max-width: 560px) { #fiveDealsWidget #desktop {display:none;} #fiveDealsWidget #mobile {display:block!important} #fiveDealsWidget a.dealItem {background-color: #fff; height:auto; min-height:auto} #fiveDealsWidget a.dealItem {border-bottom:1px solid #ececec; margin-bottom:5px; padding-bottom:10px} #fiveDealsWidget a.dealItem#last {border-bottom:0px solid #ececec; margin-bottom:5px; padding-bottom:0px} #fiveDealsWidget a.dealItem, #fiveDealsWidget a.dealItem#last {width:100%} #fiveDealsWidget .dealItemContent, #fiveDealsWidget .dealItemImage {float:left; display:inline-block} #fiveDealsWidget .dealItemImage {width:35%; margin-right:1%} #fiveDealsWidget .dealItemContent {width:63%} #fiveDealsWidget .dealItemTitle {margin: 0px 5px 5px; font-size:16px} #fiveDealsWidget .dealItemContent .dealItemdesc, #fiveDealsWidget .dealItemContent .dealItemRate {clear:both} }

This post first appeared on Dailymail.co.uk

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Hard-hit UK homeowners reveal how mortgage crisis is affecting them

Mortgage holders today faced more pain after the Bank of England unexpectedly…

We hate our neighbour’s ‘eyesore’ house – it’s ruining our lives & driving our property prices down… we want it gone NOW

AN EYESORE boarded-up house has been dubbed a ‘nightmare’ by neighbours who…

Price of KitKats, Cheerios and Nescafe go up in latest cost of living blow for households

The price of KitKats, Cheerios, Nescafe coffee and more are all going…

Eyes to the left! New Charles coin hits circulation

His Majesty King Charles III can now be found in your pocket…