It is the first month of 2023, and our monthly survey of food prices has found that the shopping bill went up in all of the main supermarkets between December and January. At one supermarket the price increase for the same seven items was more than £1.
Grocery price inflation is the driving factor behind the increase. A recent survey from the British Retail Consortium showed overall food inflation averaged 13.3% in December. The latest figures from consumer group Which? that were published in January showed that Aldi was the cheapest supermarket in 2022.
I have been buying the same shopping basket of items at seven different supermarkets for the past 10 months to examine how prices have been changing, and this month the items were cheapest in Tesco with a clubcard. Lidl was second and Asda third.