Grocery Costs Continue to Rise
The price of the average basket of grocery items has continued its rise in August per mySupermarket’s monthly Groceries Tracker.
Research conducted by shopping and comparison website mySupermarket.co.uk found the price of a basket of 35 popular items came to £84.40 compared to the previous month of £84.35.
The changes this month are smaller compared to previous months. The majority of the products rose by just 1-3%, but squash drink did rise by 9% after spending the first 7 months of the year changing very minimally.
The price of mushrooms has continued to drop by another 10%, bringing the price closer to the price that it was back in January. The items that did fall in price, did so minimally as the difference is only 1%!
Overall the cost of 17 products rose, 11 decreased and 7 stayed the same. The total basket is £0.05p more expensive than August 2017, and it also £1.05p more expensive than August 2016 and £2.13p more expensive since the start of the year.
mySupermarket’s CEO Gilad Simhony said:
The price increases this month are minimal compared to the previous month, but the increase is still there. It is the fruit and vegetables that seem to have the most unstable pricing over the last few months, with the price of mushrooms changing every month. All’s not lost though, as it is still cheaper than the £85.80 we started with in January 2016!
More than ever, customers should do their research before shopping so they can make sure they are getting the best value for money. Shoppers can save up to 30% on their shop by using mySupermarket to compare across supermarkets.
mySupermarket’s Groceries Tracker monitors the cost of the same 35 most commonly bought grocery products monthly.
The full list of 35 products can be found below.
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