Shoppers have seen their grocery bills soar at the fastest rate since 2008 following spikes in the price of butter, milk and chicken, according to new data. Research firm Kantar has revealed grocery price inflation jumped to 11.6% for the four weeks to August 7, compared with 9.9% in the previous month.
Those figures equate to a £533 annual increase in the average UK household's grocery bill, or £10.25 every week if you buy the same products as you did last year. Experts say consumers are now shopping around more and switching supermarkets in response to the cost-of-living crunch.
I have also been tracking the cost the essential items in seven of the biggest supermarkets in Wales for the past six months, looking at how much prices are fluctuating. I have been carrying out the same shop in supermarkets in Cardiff in the middle of each month since March, and one of the biggest increases has been in the price of milk. You can get more cost-of-living news and other story updates straight to your inbox by subscribing to our newsletters here.
