Soaring inflation is hitting many shoppers in the pocket
Industry sources have also told The Telegraph that the increase at Morrisons was brought on by the supermarket being bought out by US private equity firm Clayton Dubilier & Rice - however, the supermarket giant has denied this.
Away from the big four supermarkets - Iceland saw the largest overall increase at 6.6%, followed by Aldi at 5.7% over 2,413 products. Of the 3,022 products tracked at Iceland, the average cost of an item has gone from £3.79 last summer to £4.04 this year – or 25p.
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