Major supermarket hiked prices by more than all rivals in 2022 – and it may surprise you.
Shoppers are facing huge price increases on everyday essentials, with food prices up by 16.4 per cent — the highest in 45 years.
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And Morrisons has raised its prices more than any other major supermarket, according to a report by credit agency Moody's.
It said the supermarket giant started raising the cost of products at a "rapid pace" from June onwards.
Discounters Aldi and Lidl also increased prices but at a slower rate than Morrisons, the report said.
But since mid-October, Moody's said Morrisons' pricing began to improve and that its prices are increasing less than the broader market. Sun.
