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New study: grocery prices creep up going into Christmas

Grocery prices edged up in November to become the most expensive since August, according to new research.

GENERAL MERCHANDISE

New study: grocery prices creep up going into Christmas

Grocery prices edged up in November to become the most expensive since August, according to new research.

MySupermarket’s Groceries Tracker, which monitors the cost of the same 35 most commonly bought grocery products, found the cost of the same basket of goods in November was £86.35. This represents a slight increase compared to £86.16 in October and £85.93 in September.

The monthly rise was driven by a sharp rise in the price of apples, grapes and broccoli which grew by 12%, 10% and 8% respectively.

However, the cost of the weekly basket was still 3% cheaper than a year ago. 

Gilad Simhony, chief executive of mySupermarket.co.uk, said: "Although grocery prices have generally been falling in 2015, the increase we have been seeing over the last few months is a concern as it could result in shoppers paying more for their essential weekly groceries. There are huge savings to be found in supermarkets and shoppers looking to save money in the run up to Christmas should be aware of the cost of their favourite products before they go instore.

"It is great to see the price of turkeys and mince pies coming down, however, shoppers should be aware that other Christmas favourites such as champagne and sparkling wines have crept up."

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