UK shoppers switch to budget ranges as grocery price inflation hits record high

Discounters Aldi and Lidl benefit as figures reveal annual cost of grocery shop has soared by 682

British shoppers are making a big switch to budget ranges and discount chains as supermarket inflation reached a record high of nearly 15% last month, driving up the average annual bill by 682 a year.

Just over a quarter of all households say they are struggling financially, double the proportion a year ago, as the cost of groceries soared 14.7% in October compared with a year ago. That is the highest level since Kantar, which produces the data, began tracking price changes in 2008.