Are supermarkets profiteering?

The Bottom Line · Jun 8, 2023 · 30m

Grocery stores are under pressure – with food inflation still near record highs, some have accused them of profiteering and the UK’s competition watchdog is investigating.

So what’s the evidence, if any, that supermarkets and other smaller stores are taking advantage of consumers, and what is a reasonable profit margin in this industry anyway? Food suppliers, large and small, also have a role to play here – we look at how their margins impact prices.

And, with government ministers vowing to curb food price inflation, we ask whether a cap on the cost of some products would help.

Evan Davis is…