UK Grocery Inflation Eases to 2.6% in July
The UK's grocery inflation rate has slowed to 2.6% in the four weeks to July 12, its lowest rate since December 2024. Despite easing price rises, the average household spent £5,530 on groceries over the past twelve months, up £156 from the same period last year.
The UK's grocery inflation rate has slowed to 2.6% in the four weeks to July 12, according to Worldpanel by Numerator. This marks the fifth consecutive month of slowing price rises. Although the easing of price rises will be welcome news to shoppers, the annual bill tells a different story. The average household spent £5,530 on groceries over the past twelve months to July, up £156 on the same period last year.
This increase is a reminder that even as the rate of inflation cools, the cumulative cost of the weekly shop keeps climbing. In related news, L&VW has agreed to enhance the way local government, regulators, and Thames Water work together, granting greater public controls on critical business issues to improve delivery of complex, essential infrastructure projects.
Go Deeper
What is the current UK grocery inflation rate?
The UK grocery inflation rate has slowed to 2.6% in the four weeks to July 12, its lowest rate since December 2024.
How has the average household grocery spend changed over the past year?
The average household spent £5,530 on groceries over the past twelve months to July, up £156 on the same period last year.
What is the 'golden share' that L&VW has proposed?
The 'golden share' is a mechanism that would grant greater public controls and oversight to ministers, allowing for improved delivery of complex infrastructure projects.
How many consecutive months has the UK grocery inflation rate been slowing?
The UK grocery inflation rate has been slowing for five consecutive months.
What company has agreed to work with the government to improve infrastructure projects?
L&VW has agreed to work with the government to enhance the way local government, regulators, and Thames Water work together on infrastructure projects.
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