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We have all seen rising prices when it comes to our weekly food basket, but just how much of an increase we've absorbed the situation could get worse. It has been reported that shoppers are now paying an eye-watering £571 more for groceries than a year ago.
The figures assume shoppers have kept buying the same products they did previously. Although Nottinghamshire Live has already reported that some shoppers are making the swap to own-brand alternatives or switching to cheaper supermarkets in the midst of the cost of living crisis. The market share of Aldi has gone up 1.2 percent. Sales rose by 18.7% over the 12 weeks to September 4, reaching 9.3% market share, while fellow discounter Lidl increased its sales by 20.9% and its market share to 7.1%.
Overall, take-home grocery sales increased by 3.8% over the quarter - the third month of growth in a row after more than a year of decline as a consequence of comparisons with the pandemic. He added: “Back at the start of the 2010s, Tesco, Sainsbury’s, Asda and Morrisons together accounted for over three-quarters of the sector but that traditional big four is no more. The discounters have seen dramatic sales increases in recent months, bringing more and more customers through their doors.
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