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Food prices set to fall in British supermarkets
United Kingdom
Thursday 07 May 2009
The cost of an average supermarket shop is 1% cheaper than last month and might represent the start of a downward trend, says price comparison website mySupermarket.co.uk.
While the cost of an average trolley shop still shows an overall increase of 8% on this time last year, the cost is down on last month, the company said.
The trolley is based on an average weekly shop of 96EUR and includes the regular staple products along with the nation's most regularly purchased grocery items, and for the first time includes non-food.
The prices are an average of the price across Sainsbury's, Tesco and Asda.
The mySupermarket Food Inflation Index shows that overall rate of annual food and drink inflation has dropped to 2.5%.
Jonny Steel, spokesperson for mySupermarket, said: "This month's figures may finally mean some good news for shoppers as month-on-month the price of a trolley of everyday grocery items has fallen.
"Overall, currently food inflation is standing at only 2.5%, suggesting we are seeing a return to the lower food prices of last year. Whilst the price of staple products are still 8% higher than last year, this rate of increase is reducing every month."
While the cost of an average trolley shop still shows an overall increase of 8% on this time last year, the cost is down on last month, the company said.
The trolley is based on an average weekly shop of 96EUR and includes the regular staple products along with the nation's most regularly purchased grocery items, and for the first time includes non-food.
The prices are an average of the price across Sainsbury's, Tesco and Asda.
The mySupermarket Food Inflation Index shows that overall rate of annual food and drink inflation has dropped to 2.5%.
Jonny Steel, spokesperson for mySupermarket, said: "This month's figures may finally mean some good news for shoppers as month-on-month the price of a trolley of everyday grocery items has fallen.
"Overall, currently food inflation is standing at only 2.5%, suggesting we are seeing a return to the lower food prices of last year. Whilst the price of staple products are still 8% higher than last year, this rate of increase is reducing every month."
