Grocery prices are showing a modest month-on-month increase of 0.5%, according to the latest figures from The Grocer Price Index.
However, they still remain 0.8% lower than they were at the same time last year.
Results in the four weeks to the beginning of March show that the average price of our 100-item basket climbed 91p from the previous month and now costs £173.33.
David Hallam, food and drink industry analyst at Williams de Broë, said the latest rise was the sign of things to come.
“We will continue to see an increase in the price of grocery items for a little while longer, as rising energy costs continue to be reflected,” he said.
Grocery prices have risen 2.1% since the beginning of January, with the latest month-on-month hike following the surge in February, when the cost of our basket climbed by 1.5% to £172.42.
Closer inspection of our secret basket of goods shows that price increases for certain fresh fruit and vegetable items, as well as some confectionery products, are the main contributors to this rise.
The Grocer Price Index