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Asda invests £23m to lower prices on hundreds of products

August 24, 2023 03:16pm
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Asda has today announced price cuts on 425 branded and own-label products as part of its continued support for families impacted by the cost of living crisis.

The supermarket is investing £23m to lower prices by an average of 11% on some of the most popular products bought by customers each week, including nappies, infant follow on milk, bread, cheese, cereals, pasta, fish fingers, sausages and chicken breasts.

These reductions follow a £13m investment last month to cut prices on more than 200 own-label products by an average of 9%.

Asda is stepping up its support for customers as its latest Income Tracker shows that family budgets remain under pressure from rising living costs. Despite the CPI inflation rate easing last month, family disposable incomes remain much lower than before the cost-of-living crisis – down by over £100 per month for the average household compared to July 2021.

***Kris Comerford, Asda’s Chief Commercial Officer, said: “*While the headline inflation rate may have eased slightly last month, our own data tells us that many customers are continuing to struggle with rising living costs. We have targeted this latest price investment on the products that our customers buy week-in and week-out, to help their shopping budgets stretch further. We’re also continuing to work closely with our suppliers and whenever there is an opportunity to pass on commodity price savings to customers we will do so.” 

The price reductions are effective from 24th August in all stores that stock these products and online. Featured products include:

ProductCurrent priceNew price
SMA PRO Follow on Milk 6+ (200ml)£1.05p£0.90p
Asda Little Angel Comfort & Protect Nappies (various sizes)£3.25p£2.99p
The Bakery at Asda White & Wheat Loaf (800g)£1.00p£0.75p
The Bakery at Asda 6 Soft White Rolls£1.00p£0.80p
Asda Mature Cheddar Cheese (400g)£3.20p£3.00p
Asda Tangy & Sweet Orange Juice (1.75ltr)£2.60p£2.25p
Asda 6x 125g Strawberry Yoghurts£1.35p£1.20p
Asda Honey & Nut Crisp Cereal 500g£2.00p£1.70p
Hellman’s Real Squeezy Mayonnaise 235g£2.00p£1.85p
Asda Penne 3kg£4.00p£3.75p
Heinz Spaghetti Hoops 4x400g£3.50p£3.00p
Heinz Tinned Spaghetti 4x400g£3.50p£3.00p
Heinz Chopped Tomatoes 4x400g£4.75p£3.50p
McCain Naked Oven Chips Crinkle Cut (1.7kg)£3.70p£3.50p
Asda 30 Omega 3 Fish Fingers (900g)£4.50p£3.70p
Asda Beef Meatballs (640g)£4.75p£3.80p
Asda 8  Flavourful Pork Sausages (454kg)£2.30p£2.15p
Asda Tender Chicken Breast Fillets (1kg)£6.95p£6.60p
Asda Succulent Chicken Leg Quarters£3.35p£2.60p

The supermarket is also supporting families during the school holidays by extending its hugely popular ‘Kids Eat for £1’ café meal offer for the rest of this year. Since launching this initiative in July 2022, Asda has served 2m meals from its cafes and invested £1.3m to keep the meal prices pegged at £1.

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