UK Shoppers Face Extra £275 Grocery Bill on Higher Food Prices
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UK food inflation nudged higher in the four weeks to mid-July as shoppers start to feel the burden of bigger grocery bills at the checkout.
Higher prices are set to add £275 ($370) to consumers' annual grocery spend, with shoppers trying to adapt their behaviors to keep costs down, according to market research firm Worldpanel, formerly known as Kantar. Annual price growth rose to 5.2% in the period, compared with 4.7% a month earlier, the highest rate since January 2024.
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