Tesco has announced it will be raising the price of its popular lunchtime meal deal in a blow to loyal customers.
The popular supermarket chain is increasing the deal’s cost for both Clubcard members and those who do not take part in the loyalty scheme.
This particular deal includes a sandwich, pasta or salad, a snack and a drink.
As it stands, customers who are not Tesco Clubcard members are currently charged £3.90, while members only have to fork over £3.40.
From Thursday (August 22), the supermarket giant is hiking the deal’s prices for the second time in two years.
With this latest hike, a standard Tesco meal deal will cost £3.60 for Clubcard members and non-members will have to pay £4.
Do you have a money story you’d like to share? Get in touch by emailing money@gbnews.uk.
The supermarket’s meal deal just got more expensive for shoppers
TESCO
According to Tesco, it has recently carried out various improvements to its range of meal deal products.
This includes the development of seven new salads across its hundreds of stores.
Despite its latest price hike, the supermarket retailer is not changing the price of its premium meal deal offerings.
These are more expensive items, which include a main, salad and drink, and cost £5 for Clubcard members and £5.50 for non-members.
A Tesco spokesman said: “Clubcard members will pay just £3.60 for a main, snack and drink, meaning our meal deal remains great value and the ideal way to grab lunch on the go.
“With millions of possible combinations across our stores, our recent improvements to ingredients and more than 20 new mains introduced this summer, the Tesco meal deal has got something for every taste.”
This pricing overhaul comes after it was found that grocery price inflation jumped over the past month.
In a worrying sign for the economy, this represents the first increase since March 2023.
Over the period, supermarket prices were 1.8 per cent higher than a year ago over the month to August 4.
This is a slight uptick from the 1.6 per cent rate report for the 12 months to July, according to Kantar.
LATEST DEVELOPMENTS:
Grocery price inflation is up, according to Kantar GETTY
Fraser McKevitt, the head of retail and consumer insight at the analyst firm, outlined the reality many supermarket shoppers are facing.
He explained: “Having reached its lowest rate in almost three years in July, August saw inflation nudge up again slightly.
“While this is noticeable after 17 straight months of falling rates, it actually marks a return to the average levels seen in the five years before the start of the cost of living crisis.
“With this kind of pricing spread, shoppers will find that the type of product they’re putting in their baskets will really dictate how much they pay.”