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The Guardian - UK
The Guardian - UK
Business
Sarah Butler

UK shoppers switch to budget ranges as grocery price inflation hits record high

Tesco's Everyday Value own label products in shopping trolley
Sales of the very cheapest supermarket own-label ranges have risen by 42%, Kantar said. Photograph: Islandstock/Alamy

British shoppers are making a big switch to budget ranges and discount chains as supermarket inflation reached a record high of nearly 15% last month, driving up the average annual bill by £682 a year.

Just over a quarter of all households say they are struggling financially, double the proportion a year ago, as the cost of groceries soared 14.7% in October compared with a year ago. That is the highest level since Kantar, which produces the data, began tracking price changes in 2008.

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