UK Supermarket prices, Asda cheapest but Tesco Clubcard Prices lower
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By: Grocery Gazette on Sep 7, 2022 2:21:44 PM
Discount retailer Aldi has been named the cheapest supermarket for a basket of groceries for the third month in a row.
Costing £76.24 for 49 popular items such as Heinz baked beans, milk and tea bags, consumer watchdog Which? saw Lidl close behind at £1.66.
Asda’s basket came in as the cheapest of the Big 4 grocer‘s at £85.99 and Waitrose took top spot as the most pricey retailer with the same amount of groceries costing £102.20.
Testing a larger shop of an additional 104 items, of Asda, Sainsbury’s, Tesco, Morrisons, Ocado and Waitrose, Asda was named the cheapest supermarket at £337.50.
Of the remaining retailers, Sainsbury’s had the second cheapest trolley costing £360.93, while others ranged between £362.84 and £386.98. Waitrose was again found to be the most expensive of the supermarkets surveyed, however cost just 13p more than Ocado.
According to Kantar data, grocery price inflation hit 11.6% in August with prices continuing to rise.
Although Aldi was also named the cheapest supermarket In July, its average basket price rose by £2.01 in August.
For the UK’s leading retailer, Tesco its average price for a basket of groceries rose by £1.71 and for Waitrose, this jumped by £2.74.
‘As predicted, we’ve now hit a new peak in grocery price inflation, with products such as butter, milk and poultry, in particular, seeing some of the biggest jumps,” Kanter head of retail and consumer insight, Fraser McKevitt told Which?.
“This rise means that the average annual shop is set to rise by a staggering £533, or £10.25 every week, if consumers buy the same products as they did last year.”
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