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The Independent UK
The Independent UK
Business
Josie Clarke

Grocery price inflation slows to lowest rate since December 2024

Shoppers made 497 million trips to the supermarket over the period (PA) - (PA Archive)

Grocery price inflation has slowed to its lowest rate since December 2024 as the World Cup and heatwaves drove the highest number of supermarket trips in more than five years.

Supermarket prices were 2.6% higher than a year ago over the four weeks to July 12, a significant slowing from June’s 3% and the lowest rate since December 2024, figures from Worldpanel by Numerator show.

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