Consumers are more worried about the rising cost of food than they are about petrol prices, a new study has found.
A Populus poll conducted for The Times found that 82% were concerned about the rising cost of the weekly shop – while 69% cited the price of petrol as a worry.
Additionally, nearly two-thirds of those polled said they were cutting down on luxury foods.
The findings come after research for The Grocer by market analysts Nielsen showed that own-label goods were making increasing inroads as consumers trade down from premium and branded goods in favour of lower-cost options. Sales of budget own-label goods rose by almost 25% over the last three months.
Read The Times' story