{"id":813955,"date":"2026-07-21T08:14:09","date_gmt":"2026-07-21T08:14:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/813955\/"},"modified":"2026-07-21T08:14:09","modified_gmt":"2026-07-21T08:14:09","slug":"grocery-price-inflation-slows-to-lowest-rate-since-december-2024","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/813955\/","title":{"rendered":"Grocery price inflation slows to lowest rate since December 2024"},"content":{"rendered":"

\"Shoppers<\/a> Shoppers made 497 million trips to the supermarket over the period (PA) (PA Archive) <\/p>\n

Grocery price inflation has slowed to its lowest rate since December 2024 as the World Cup and heatwaves drove the highest number of supermarket trips in more than five years. <\/p>\n

Supermarket prices were 2.6% higher than a year ago over the four weeks to July 12, a significant slowing from June’s 3% and the lowest rate since December 2024, figures from Worldpanel by Numerator show. <\/p>\n

It is the fifth consecutive month of easing prices, although the average household’s grocery bill over the year to July is still \u00a3156 higher than the same period a year earlier. <\/p>\n

Fraser McKevitt, head of retail and consumer insight at Worldpanel, said: “Easing price rises will come as welcome news to shoppers, but the annual bill tells a fuller story. <\/p>\n

“The average household spent \u00a35,530 on groceries over the past 12 months to July, up \u00a3156 on the same period last year \u2013 a reminder that even as the rate of inflation cools, the cumulative cost of the weekly shop keeps climbing.” <\/p>\n

However, shoppers made 497 million trips to the supermarket over the four weeks, an average of 17 per household, and the highest figure recorded since March 2020. <\/p>\n

Trips including beer or cider purchases rose 8% year on year, while the no and low alcohol category saw a 10% surge. <\/p>\n

As another heatwave hit, household spending on burgers rose 25%, frozen lolly sales were up 17%, and bottled water sales soared by 23%. <\/p>\n

Wimbledon<\/a> fortnight saw \u00a377 million spent on strawberries and \u00a321 million on cream. <\/p>\n

Mr McKevitt added: “Sport<\/a> and sunshine combined to shape shopping habits this month, and England’s run in the tournament had a clear impact on the drinks aisle. <\/p>\n

“With shoppers stocking up on match day, and the day prior to the first three knockout matches, spending on beer rose 21% compared with the same days last year. That enthusiasm wasn’t shared in Scotland<\/a> and Wales<\/a>, however, where the comparable rise was just 2%.” <\/p>\n

\"Wimbledon<\/a> Wimbledon fortnight saw \u00a377 million spent on strawberries and \u00a321 million on cream (PA) (PA Archive) <\/p>\n

Lidl’s market share moved up by 0.5 percentage points over the last quarter, the largest gain for any grocer as sales at the discounter rose by 8.6%. <\/p>\n

Morrisons<\/a> returned to share growth, claiming 8.5% of the market as sales rose by 3.5%, while spending through the tills at Co-op increased by 5.6%, the fastest rate of growth since February 2021. <\/p>\n

Sainsbury’s also gained market share, moving from 15.1% last year to 15.2% in the last 12 weeks, with sales growing by 2.8%, while sales at Tesco were up by 1.7% with a market share of 27.9%. <\/p>\n

While sales at Asda were down 1.1% on last year, this was an improvement on the 3.6% drop reported last month. <\/p>\n","protected":false},"excerpt":{"rendered":"Shoppers made 497 million trips to the supermarket over the period (PA) (PA Archive) Grocery price inflation has…\n","protected":false},"author":2,"featured_media":813956,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164,182236,42038,136489,149557,132070],"class_list":["post-813955","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-economy","tag-grocery-bill","tag-household-spending","tag-price-inflation","tag-rate-of-inflation","tag-supermarket-prices"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/813955","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=813955"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/813955\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/813956"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=813955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=813955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=813955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}