UK grocery inflation at lowest level since Feb. 2022 Kantar
23 of UK households still struggling financially Kantar
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Aldi sales up 3.1 but market share edges lower Kantar

LONDON, March 26 Reuters UK grocery price inflation eased this month to its lowest level since February 2022, but nearly a quarter of British households still identify themselves as struggling financially, industry data showed on Tuesday.

Market researcher Kantar said annual grocery price inflation was 4.5 in the four weeks to March 17, versus 5.3 in the previous four week period.

Prices are rising fastest in markets such as sugar confectionery, chocolate confectionery and vitamins supplements and are falling fastest in butter, milk and toilet tissues, it said.

Grocery inflation has come down significantly since hitting an eyewatering peak of 17 in March 2023, Fraser McKevitt, Kantar39;s head of retail and consumer insight, said.

However, despite this continued slowdown, many British households are still feeling the squeeze. 23 identified themselves as struggling financially in our data the same proportion as reported in November last year.

Kantar said takehome grocery sales rose 4.6 over the four week period yearonyear.

The researcher noted an early Easter boosted sales of seasonal treats in the first three months of 2024 by 88 million pounds 111 million compared with the same period…