{"id":703271,"date":"2026-07-21T11:39:16","date_gmt":"2026-07-21T11:39:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/703271\/"},"modified":"2026-07-21T11:39:16","modified_gmt":"2026-07-21T11:39:16","slug":"grocery-inflation-eases-to-slowest-rate-since-2024","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/703271\/","title":{"rendered":"Grocery inflation eases to slowest rate since 2024"},"content":{"rendered":"<p class=\"picture\"><img fetchpriority=\"high\" decoding=\"async\" alt=\"coop store\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2026\/07\/400941_coopstore_520804.jpg\"   loading=\"eager\" class=\"lazyloaded\" width=\"1200\" height=\"800\"\/><\/p>\n<p>Grocery <a class=\"intextlink\" href=\"https:\/\/www.thegrocer.co.uk\/inflation\/2760.subject\" rel=\"intextlink_16 nofollow noopener\" target=\"_blank\">inflation<\/a> has eased to its slowest rate since 2024 but shoppers are still feeling the pressure of \u201ccumulative <a class=\"intextlink\" href=\"https:\/\/www.thegrocer.co.uk\/product-prices-and-promotions\/634.subject\" rel=\"intextlink_9 nofollow noopener\" target=\"_blank\">price<\/a> rises\u201d, according to Worldpanel by Numerator.<\/p>\n<p>Annual grocery inflation in the four weeks to 12 July stood at 2.6%, its lowest rate since December 2024, according to Worldpanel\u2019s\u00a0latest market update. Sporting fixtures and warm <a class=\"intextlink\" href=\"https:\/\/www.thegrocer.co.uk\/weather\/697.subject\" target=\"_blank\" rel=\"intextlink_13 nofollow noopener\">weather<\/a> helped boost take-home sales at the grocers by 3.3% as shopping frequency increased.<\/p>\n<p>\u201cEasing price rises will come as welcome news to shoppers, but the annual bill tells a fuller story,\u201d said <a class=\"intextlink\" href=\"https:\/\/www.thegrocer.co.uk\/fraser-mckevitt\/3209.subject\" rel=\"intextlink_19 nofollow noopener\" target=\"_blank\">Fraser McKevitt<\/a>, head of retail and consumer insight at Worldpanel. \u201cThe average <a class=\"intextlink\" href=\"https:\/\/www.thegrocer.co.uk\/household\/98.subject\" target=\"_blank\" rel=\"intextlink_3 nofollow noopener\">household<\/a> 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.\u201d<\/p>\n<p>Brands outgrew <a class=\"intextlink\" href=\"https:\/\/www.thegrocer.co.uk\/own-label\/706.subject\" rel=\"intextlink_14 nofollow noopener\" target=\"_blank\">own label<\/a> for the first time since August 2025, with sales up 5.5% versus 4%, as 497 million shopping trips were made over the four weeks, an average of 17 per household and the highest rate since March 2020.<\/p>\n<p>McKevitt said: \u201cSport and <a class=\"intextlink\" href=\"https:\/\/www.thegrocer.co.uk\/weather\/697.subject\" target=\"_blank\" rel=\"intextlink_12 nofollow noopener\">sunshine<\/a> combined to shape shopping habits this month, and England\u2019s run in the tournament had a clear impact on the drinks aisle. With shoppers stocking up on matchday, and the day prior to the first three knockout matches, spending on <a class=\"intextlink\" href=\"https:\/\/www.thegrocer.co.uk\/beer-and-cider\/2890.subject\" rel=\"intextlink_15 nofollow noopener\" target=\"_blank\">beer<\/a> rose 21% compared with the same days last year. That enthusiasm wasn\u2019t shared in Scotland and Wales, however, where the comparable rise was just 2%.\u201d<\/p>\n<p><a class=\"intextlink\" href=\"https:\/\/www.thegrocer.co.uk\/convenience\/650.subject\" rel=\"intextlink_2 nofollow noopener\" target=\"_blank\">Convenience<\/a> stores attracted an additional seven million trips compared with same four weeks last year, as shoppers \u201cpopped out for quick local runs\u201d, boosting sales of branded <a class=\"intextlink\" href=\"https:\/\/www.thegrocer.co.uk\/soft-drinks\/165.subject\" rel=\"intextlink_10 nofollow noopener\" target=\"_blank\">soft drinks<\/a>, <a class=\"intextlink\" href=\"https:\/\/www.thegrocer.co.uk\/confectionery\/60.subject\" target=\"_blank\" rel=\"intextlink_1 nofollow noopener\">confectionery<\/a> and <a class=\"intextlink\" href=\"https:\/\/www.thegrocer.co.uk\/ice-cream\/1007.subject\" rel=\"intextlink_4 nofollow noopener\" target=\"_blank\">ice cream<\/a>,\u00a0according to Worldpanel.<\/p>\n<p>Across the major grocers, it helped boost <a class=\"intextlink\" href=\"https:\/\/www.thegrocer.co.uk\/the-co-op\/173.subject\" rel=\"intextlink_11 nofollow noopener\" target=\"_blank\">Co-op<\/a>\u2019s sales by 5.6% year on year in the 12 weeks to 12 July, the fastest growth rate for the retailer since February 2021. It made Co-op the third-fastest-growing major grocer in Worldpanel\u2019s analysis as it bounces back after being hit by a major cyberattack last year.<\/p>\n<p><a class=\"intextlink\" href=\"https:\/\/www.thegrocer.co.uk\/ocado\/128.subject\" rel=\"intextlink_8 nofollow noopener\" target=\"_blank\">Ocado<\/a> continued its long run as the fastest-growing grocer outright, with sales up 14.1% over the 12 weeks. <a class=\"intextlink\" href=\"https:\/\/www.thegrocer.co.uk\/lidl\/109.subject\" rel=\"intextlink_5 nofollow noopener\" target=\"_blank\">Lidl<\/a> continued to be the fastest-growing bricks &amp; mortar operator, with sales up 8.6% over the four weeks, pushing its share to an all-time high of 8.8%, up from 8.3% a year ago.<\/p>\n<p>&#13;<br \/>\n&#13;\n<\/p>\n<p>&#13;<br \/>\n&#13;\n<\/p>\n<p>The title of fastest-growing would have gone to <a class=\"intextlink\" href=\"https:\/\/www.thegrocer.co.uk\/marks-and-spencer\/115.subject\" rel=\"intextlink_6 nofollow noopener\" target=\"_blank\">M&amp;S<\/a>, whose grocery sales were up 16% over the 12 weeks, but Worldpanel does not define the retailer as a grocer and does not allocate it a market share. The growth rate for M&amp;S is based on its fmcg sales, while others take in total spend through <a class=\"intextlink\" href=\"https:\/\/www.thegrocer.co.uk\/supermarkets\/244.subject\" rel=\"intextlink_17 nofollow noopener\" target=\"_blank\">supermarkets<\/a>\u2019 tills.<\/p>\n<p><a class=\"intextlink\" href=\"https:\/\/www.thegrocer.co.uk\/morrisons\/118.subject\" rel=\"intextlink_7 nofollow noopener\" target=\"_blank\">Morrisons<\/a> returned to share growth for the first time since May 2021, claiming 8.5% of the market, up from 8.4%, as sales rose by 3.5% year on year.<\/p>\n<p><a class=\"intextlink\" href=\"https:\/\/www.thegrocer.co.uk\/asda\/37.subject\" rel=\"intextlink_0 nofollow noopener\" target=\"_blank\">Asda<\/a> was again the only major <a class=\"intextlink\" href=\"https:\/\/www.thegrocer.co.uk\/supermarkets\/244.subject\" rel=\"intextlink_18 nofollow noopener\" target=\"_blank\">supermarket<\/a> whose sales fell, but the rate of decline has eased to 1.1%, compared with a 3.6% fall in Worldpanel\u2019s previous 12-week snapshot to 12 June. Asda\u2019s market share now stands at 11.5%, down from 11.9% a year ago.<\/p>\n<p>$(document).ready(function() {<br \/>\nif (window.location.pathname == &#8216;\/advertise&#8217;) {<br \/>\n$.getScript(&#8220;https:\/\/tag.clearbitscripts.com\/v1\/pk_6c1cac1dc287e45bfaab20867b193dcb\/tags.js&#8221;);<br \/>\nconsole.log(&#8220;Clearbit Loaded&#8221;);<br \/>\n}<br \/>\n});<\/p>\n","protected":false},"excerpt":{"rendered":"Grocery inflation has eased to its slowest rate since 2024 but shoppers are still feeling the pressure of&hellip;\n","protected":false},"author":2,"featured_media":703272,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":["post-703271","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/703271","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=703271"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/703271\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/703272"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=703271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=703271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=703271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}