THE RETAIL BULLETIN - The home of retail news
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Health & Beauty
General Merchandise
Sports & Leisure
The Papers
Retail Solutions
Food & Drink
Grocery prices fall in July

New figures have shown that grocery prices fell by 1% month on month in July.


Grocery prices fall in July

New figures have shown that grocery prices fell by 1% month on month in July.

According to data from groceries website, prices dropped from £86.84 for an average basket of products in June to £86.11 in July. This follows a small rise in June which was the first increase in 2015.

The same basket in July 2014 was 6% more expensive at £91.39, resulting in a saving for shoppers of over £5.

MySupermarket’s Groceries Tracker monitors the cost of the same 35 most commonly bought grocery products.

The products that decreased the most in July from June were bananas, down 4%, fresh peppers, also down 4%, and tomatoes, down 3%. The items that increased the most in the last month included broccoli, up 3%, mushrooms, up 3%, and deli bacon & ham, up 2%.

The research also reveals that the price of the most popular ice creams in July fell by 4%. The study of the most popular 40 branded ice creams shows significant drops compared to July 2014. Cornetto Mint Cones were down 18% to £1.51, Oreo Vanilla Ice Cream Cones dropped 17% to £1.79 while Magnum Mini Double Caramel & Double Chocolate fell 16% to £2.74.

Gilad Simhony, chief executive of MySupermarket, said: ‘’The last year has seen a huge fall in the cost of grocery essentials and a weekly saving of over £5 will be welcome news for shoppers who continue to look for the best value when comparing prices. Out of the 35 products that make up our weekly basket only apples and baked beans have increased. Regular buyers of vegetables and chicken should be particularly pleased as these products have fallen the most in the last 12 months.’’

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News


Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Conference
The HR Summit 2019
The HR Summit 2019
8 October 2019
Hallam Conference Centre, London W1W 6JJ
The 11th HR Summit 2019, Hallam Conference Centre, 44 Hallam St, Marylebone, London W1W 6JJ
AI in Retail Conference 2019
AI in Retail Conference 2019
16 October 2019
Cavendish Conference Center, London W1G 9DT
Digitally native competitors and demanding customers are forcing a new perspective in retail. AI and machine learning can help you step up to the challenges; and some ‘small and beautiful’ solutions can increase your conversion rates within just a few weeks.
Omnichannel Futures Conference 2020
Omnichannel Futures Conference 2020
5 February 2020
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy