THE RETAIL BULLETIN - The home of retail news
Lest we forget
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
Interviews
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
New study: price of groceries 40% cheaper than a year ago

Popular supermarket items have dropped in price by as much as 40% compared with a year ago according to new research by MySupermarket.co.uk.

GENERAL MERCHANDISE

New study: price of groceries 40% cheaper than a year ago

Popular supermarket items have dropped in price by as much as 40% compared with a year ago according to new research by MySupermarket.co.uk.

The study by the shopping and comparison website also revealed the cost of a basket of 35 popular products dropped in price again in April and cost £82.78.

Broccoli was 39% cheaper in April 2016 compared with April 2015, along with onions, 18% down, bananas, 15% cheaper, and fresh peppers, 16% down.

Prices were also down from the month before with onions 12% cheaper than in March 2016, fresh peppers down 7% and both broccoli and deli bacon and ham 6% cheaper.

The only product to rise higher than a few percentage points compared with March was baked beans, up 4%.

MySupermarket’s managing director Kim Ludlow said the supermarket price war continued to keep prices competitive across retailers.

She added: “We’re also seeing supermarkets committing to slashing prices on own brand or everyday items. Shoppers should enjoy the low prices as we head into summer – but always remain vigilant as prices can change daily."

In April 2015 the same basket cost £86.69.

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

 

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

The Retail Design Seminar 2018
The Retail Design Seminar 2018
14 November 2018
The Cavendish Conference Centre
The Retail Design Seminar 2018
Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
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
Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
AI in Retail Conference 2019
AI in Retail Conference 2019
18 September 2019
Cavendish Conference Center, 22 Duchess Mews, London W1G 9DT
Retail marketing is changing pace rapidly by making communication across all platforms personalised, relevant, efficient, and helpful. AI not only helps shoppers find a perfect product but also pre-empts the shopping behaviour and speeds up payment.
The HR Summit 2019
The HR Summit 2019
Tuesday 8 October 2019
The Cavendish Conference Centre, London W1
The 11th HR Summit 2019, The Cavendish Conference Centre, London W1, 8 October 2019
Fix The Dinosaur Roundtable 2018
Fix The Dinosaur Roundtable 2018
19 October 2018
The Euston Suite, The Hallam, 44 Hallam St, London W1W 6JJ
A Masterclass in IBMi Legacy Issues