![Pinterest](https://pinterest.com/pin/create/button/?url=https://uknews.evprotec.com/shoppers-face-682-grocery-bill-rise/&media=https://uknews.evprotec.com/wp-content/uploads/2022/11/NINTCHDBPICT000762386786-1.jpg&description=SHOPPERS face a £682 grocery bill hike as the price of food continues to rocket. Grocery price inflation has hit a record 14.7% amid warnings there is still no sign of a peak. nullCredit: Getty The news comes after consumer price inflation hit 10.1% in September and is back to a 40-year high, meaning the price of things you need to stock up on are rising. This makes everything much harder to afford. And the rising cost of groceries has added roughly £682 more to the annual cost of a basket of food. Sales of supermarket own-label products jumped again by 10.3% over the latest four weeks and the cheapest value ranges grew by 42% as shoppers sought to manage their budgets, according to Kantar. Just over a quarter of households say they are struggling financially – double the figure recorded last November, the research firm said. Fraser McKevitt, head of retail and consumer insight at Kantar, said: "Yet again, we have a new record high figure for grocery price inflation and it's too early right now to call the top. "Consumers face a £682 jump in their annual grocery bill if they continue to buy the same items, and just over a quarter of all households now say they're struggling financially, which is double the proportion we recorded last November. "Nine in 10 of this group say higher food and drink prices are a major concern, second only to energy bills, so it's clear just how much grocery inflation is hitting people's wallets and adding to their domestic worries." And the hit on food bills is leading more and more people to wait to stock up on their Christmas groceries. But as prices have risen, so have the total sales of each supermarket. Aldi was the fastest-growing retailer in the latest period, increasing its sales by 22.7%, while Lidl boosted sales by 21.5%. Asda again led the traditional Big Four supermarkets with sales growing by 5.3%. We've listed seven easy ways to slash your grocery bills by thousands every year. How can I slash my grocery bills? 1. Get a loy){kind=link}
SHOPPERS face a £682 grocery bill hike as the price of food continues to rocket.
Grocery price inflation has hit a record 14.7% amid warnings there is still no sign of a peak.
The news comes after consumer price inflation hit 10.1% in September and is back to a 40-year high, meaning the price of things you need to stock up on are rising.
This makes everything much harder to afford.
And the rising cost of groceries has added roughly £682 more to the annual cost of a basket of food.