Connect with us

Hi, what are you looking for?

Business / Economy News

Survey: Most Shoppers Cutting Back as Grocery Prices Stay High

A recent international survey highlights that rising grocery prices continue to be a significant concern for consumers worldwide. According to Blue Yonder’s 2025 Global Consumer Sentiment on Grocery Inflation Survey, 85% of consumers in the United States, Europe, Australia, and the Middle East are worried about the ongoing effects of inflation on food costs.

Nearly half of the respondents (49%) identified newly implemented global tariffs as the primary reason for higher grocery bills. Other key factors contributing to increased prices include rising raw material costs (42%), higher labor expenses in manufacturing and food processing (39%), and increased profit margins among food brands and manufacturers (33%).

To cope with these higher prices, nearly two-thirds (65%) of those surveyed stated they plan to buy fewer grocery items overall. Many are also adopting cost-saving strategies:

– 42% intend to shop more frequently at discount or wholesale stores

– 36% will pay more attention to promotions and discounts

– 34% are switching to private-label or store brands

Consumers are also reassessing their spending in other areas to offset food costs. In Australia and New Zealand, 67% of respondents plan to cut spending on clothing and footwear, followed closely by 62% of shoppers in the U.S. and 61% in the U.K. Similar trends are observed in France (49%), Germany (49%), and the Middle East (47%).

The second most likely category for spending cuts varies by region:

– In Australia/New Zealand and the U.K., entertainment subscriptions such as streaming and gaming services were the primary targets (60% and 54%, respectively).

– German, French, and Middle Eastern consumers were more inclined to reduce spending on electronics.

– In the U.S., there was an equal focus on cutting spending for both subscriptions and consumer electronics (54%).

Only 7% of all respondents indicated they would not reduce spending in other areas to manage rising grocery costs.

Generational differences also emerged; Baby Boomers were the most likely to cut back on clothing and footwear purchases (63%), followed by Gen X (59%), Gen Z (53%), and Millennials (50%).

“The findings of this survey underscore just how widespread and deeply felt the impact of inflation is on consumers’ everyday lives,” said Ben Wynkoop, senior director at Blue Yonder. “From buying fewer grocery items to adjusting spending habits across other retail categories, consumers are navigating prolonged economic uncertainty – and retailers must respond accordingly.”

The survey, conducted in May 2025, included over 6,000 consumers across seven global regions.

Overall, the most common categories consumers plan to reduce spending on include:

  • Consumer electronics (46%)
  • Streaming and gaming subscriptions (43%)
  • Personal care and beauty products (36%)
  • Appliances (33%)
  • Alcohol (33%)
  • Automotive purchases (28%)
 

Related Articles

Trending News

Amazon has signed the largest industrial lease in Miami-Dade County for the second quarter of 2025, securing a 235,850-square-foot warehouse in Opa-Locka.

Trending News

Fatburger is ramping up its Florida presence in a big way. Parent company FAT Brands Inc. has announced a new development deal that will...

Business / Economy News

AI’s influence on job hunting is altering the traditional hiring process, with employers facing a surge in AI-generated applications and concerns over its impact...

Florida News

The Florida Council of 100 just released their CEO economic survey, showing business owners in Florida are more optimistic than the national outlook. “The...

Advertisement
Florida Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

HOW WE COLLECT E-MAIL INFORMATION:

If you sign up to subscribe to Florida Daily’s e-mail newsletter, you will provide us your e-mail address and name, voluntarily, and we will never obtain any of your contact information that you don’t voluntarily provide.

HOW WE USE AN E-MAIL ADDRESS IF YOU VOLUNTARILY PROVIDE IT TO US:

If you voluntarily provide us with your name and email address, we will use it to send you one email update per weekday. Your email address will not be given to any third parties.

YOUR CONTROLS:

You will have the option to unsubscribe to our E-mail update at anytime by clicking an unsubscribe link that will be provided in each E-Mail we send.