Grocery Inflation Standing At +3.6% In UK, Kantar Worldpanel Says
Grocery inflation in the UK stood at +3.6% for the 12 week period to December 3, according to Kantar Worldpanel, meaning that prices in the UK have now been rising in every 12 week period this year, since 1 January.
This year’s price increases followed 30 consecutive periods of price deflation in the UK market, which ran from September 2014 to December 2016.
“With Christmas just around the corner, prices are still rising,” said Fraser McKevitt, head of retail and consumer insight at Kantar Worldpanel. “Like-for-like grocery inflation now stands at 3.6% – its highest level since 2013.”
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