British grocery prices rose 1.3% with supermarket promotions hitting record lows

British grocery prices rose 1.3% with supermarket promotions hitting record lows

British grocery prices rose 1.3% on a like-for-like basis in the four weeks to Sept. 5 year-on-year, with supermarket promotions hitting record lows, market researcher Kantar said on Tuesday. It said that for much of 2021 shoppers were shielded from price increases, with more products being sold on promotion compared to 2020. However, in the past month only 27.5% of spending was done on deals. “Other than the early days of lockdown last year, that is the lowest level recorded in the 15 years which we have tracked this data, with retailers aiming to offer everyday low prices instead,” said […]