The average household will pay an extra £271
She argued that inflation – which tracks the cost of the same items over time – is an imperfect way of measuring how much prices are increasing because the cheapest products are no longer available.
“Both retailers achieved record-breaking market shares, with Aldi now holding 8.8% while Lidl stands at 6.6%. Collectively, the two discounters account for 15.4% of the market – up from just 5.5% a decade ago.” Mr McKevitt said some customers are stocking up on goods that might become scarce because of Russia’s invasion of Ukraine.
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