Aldi has extended its reign as the UK’s cheapest supermarket for the 15th consecutive month.
- The consumer watchdog, Which?, confirmed that Aldi offers a basket at £65.21, over £8 cheaper than Tesco.
- Aldi’s basket was £14.30 less expensive than Waitrose, the priciest option in August.
- Lidl follows closely behind Aldi with a small price difference of £1.32 per basket.
- Aldi was also noted as the most affordable supermarket for seven months in 2022.
Aldi continues to dominate the UK supermarket landscape as the most cost-effective choice for consumers. The latest analysis by consumer watchdog Which? highlights Aldi’s ability to maintain the lowest prices on a basket of groceries and household essentials, averaging £65.21. This pricing strategy positions Aldi over £8 cheaper than its competitor Tesco, which offers a similar basket for £74.
In August 2023, Aldi further distinguished itself by being £14.30 more affordable than Waitrose, which was identified as the most expensive supermarket for a comparable selection of items. This continues Aldi’s streak of being the cheapest option for the fifteenth month in a row, demonstrating its commitment to offering low prices consistently.
The data also revealed that Morrisons shoppers paid £10.16 more on average for a basket compared to Aldi, while Lidl’s pricing remained competitively close at just £1.32 more. This consistent competitiveness in pricing is a testament to Aldi’s market strategy and its understanding of cost-conscious consumer behaviour during financially challenging periods.
In addition to its competitive pricing, Aldi’s management addressed the financial pressures faced by families as the summer season concludes and a new academic term begins. Julie Ashfield, Managing Director of Buying at Aldi, emphasised the supermarket’s dedication to providing quality products at affordable prices, offering assurance to customers during these testing times.
Moreover, Aldi has expanded its offerings by launching a range of student essentials, anticipating the needs of students gearing up for the new academic year. The initiative features cost-effective items such as bedding, cookware, and décor, with prices starting from £1.99. Furthermore, Aldi’s reduction of prices on essential produce like strawberries, tomatoes, and spinach highlights its ongoing commitment to affordability.
Aldi’s strategic pricing and commitment to affordability continue to reinforce its position as a market leader in the UK supermarket sector.