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Retail & Consumer

Ocado crowned Britain's fastest growing grocer as º£½ÇÊÓÆµ faces highest grocery inflation in over a year

Grocery inflation shot up to 4.1 per cent in May, driven by chocolate and suncare products in the hottest start to the month on record

Grocery price inflation increased to 4.1 per cent year on year in May(Image: PA)

Grocery price inflation surged to 4.1% in May, with chocolate and suncare products leading the charge during the hottest start to the month on record.

The increase follows a 3.8% rise in April and a 1.8% uptick in March, as reported by Kantar, as reported by .

"This latest jump in grocery price inflation takes us into new territory for 2025," commented Fraser McKevitt, head of retail and consumer insight at Kantar.

"Households have been adapting their buying habits to manage budgets for some time, but we typically see changes in behaviour once inflation tips beyond the three to four per cent point as people notice the impact on their wallets more," he further explained.

Fresh data from the British Retail Consortium (BRC) earlier this week similarly found that food prices were on the rise.

The increase was particularly stark for fresh foods like steak, which have been affected by a rise in wholesale prices.

The BRC also warned that a higher cost burden for retailers in the form of a new packaging tax and higher employers' national insurance contributions (NICs) would contribute to higher prices in the future.

Ocado delivery van

Ocado marks a year as Britain's fastest growing grocer

Kantar also released data on º£½ÇÊÓÆµ grocers' market share in the 12 weeks to 19 May.