August 25, 2019

Cost of groceries fall to lowest in 2015 following summer of price rises

The cost of a basket of grocery essentials fell in September to the lowest amount in 2015, according to data from shopping and comparison website mySupermarket.co.uk.

The cost of 35 weekly essentials from beans and bananas to breakfast cereals fell from £86.75 in August to £85.93 in September, a month-on-month fall of one per cent and a weekly saving of £2.20 for the same basket in January. The drop in prices will be welcome news for consumers following a summer where prices increased.

“Although we welcome the fall in grocery prices, the latest figures should be met with caution as they are part of an environment of confusing and regular price changes designed to catch shoppers out and pay more for the products they love. The arrival of carrier bag charges this month heralds another charge that consumers will be expected to cover. It is in this context that we advise shoppers to check prices as the savings can add up significantly.”

Gilad Simhony, CEO of mySupermarket.co.uk

mySupermarket’s Groceries Tracker monitors the cost of the same 35 most commonly bought grocery products and publishes the prices on a monthly basis.

Fans of peppers, grapes and apples will rejoice as prices fell nine per cent, five per cent and four per cent respectively. Alternatively, consumers shopping for pasta, cucumbers and carrots will be hit the hardest with price increases of six per cent, four per cent and four per cent respectively.

Shoppers are making a saving of five per cent, or £4.88 per shop, for the same basket of goods compared to a year ago, September 2014, when the basket cost £90.81.

Gilad Simhony, CEO of mySupermarket.co.uk, said: ‘’Although we welcome the fall in grocery prices, the latest figures should be met with caution as they are part of an environment of confusing and regular price changes designed to catch shoppers out and pay more for the products they love. The arrival of carrier bag charges this month heralds another charge that consumers will be expected to cover. It is in this context that we advise shoppers to check prices as the savings can add up significantly.’’