Inflation: Prices of basic products such as milk and cheese have increased

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As food and drink prices continue to rise, many of us will feel the pain of walking out of the supermarket.

Which consumer group? It was also tracking how much major retailers were offering their prices, and comparing them to competitors.

The group’s supermarket food and beverage inflation tracker records annual price hikes for tens of thousands of food and drink products over three months at eight supermarkets – Aldi, Asda, Lidl, Morrisons, Ocado, Sainsbury’s, Tesco and Waitrose.

that? It found that despite being the cheapest supermarkets overall, Lidl prices in December were up 21.1% since this time last year, followed by Aldi, up 20.8%.

According to the data, Asda recorded the third highest price hikes at 15.4%, followed by:

Waitrose – 14.5% Sainsbury’s – 13.7% Tesco – 13.1% Morrisons – 12.9% Ocado – 10.5%

For comparison, the industry average for the same period is 15%.

At the same time, across these supermarket ranges, inflation was significantly higher for budget (20.3%) and private label items (18.5%), compared to premium alternatives (12.6%) and branded items (12.5%).

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