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UK grocery inflation steady at 4.7%, keeps pressure on households, says Worldpanel
Grocery inflation at 4.7% keeps pressure on UK households as spending rises but volumes fall, with 31.2% of purchases on promoted items, Worldpanel by Numerator reported.
- British grocery inflation measured by Worldpanel held steady at 4.7% in the four weeks to November 30, keeping pressure on British households ahead of the Christmas holiday period.
- Worldpanel by Numerator reported prices rose fastest in chocolate and fresh meat, with promoted-item spending reaching 31.2%, as sales rose 3.4% over the four weeks to November 30.
- Over the 12 weeks to November 30, Tesco led the market with sales up 4.7% and a 28.3% share, Sainsbury's grew 5.1% to 16.0%, while Asda's sales fell 4.3% to 11.5%.
- The UK government has outlined plans for a business rates surtax on large retail properties affecting 4,000 stores from April 2026, with revenue redirected to smaller retailers.
- Campaign groups and unions highlighted rising profits, with food manufacturers reporting 22.9 billion and supermarket profits at 3.2 billion, while Guy Singh-Watson of Riverford called it 'This is greedflation at its worst' and Ramani of Foodrise said, 'The big supermarkets have a stranglehold over the whole grocery market in Britain'.
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UK grocery inflation steady at 4.7%, keeps pressure on households, says Worldpanel
British grocery inflation held steady at 4.7% in the four weeks to November 30, industry data showed on Tuesday, keeping the pressure on households who are facing higher bills as they head into the Christmas holiday period.
·United Kingdom
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Grocery Price Inflation Holds Steady Amid Roll Out Of Festive Promotions; Lidl Makes Biggest Market Share Gain
Latest data from Worldpanel by Numerator shows grocery price inflation remained at 4.7% over the month to 30 November, with take-home sales rising below that figure at 3.4%. With supermarkets ramping up investment in promotions in the battle for shoppers (more…) The post Grocery Price Inflation Holds Steady Amid Roll Out Of Festive Promotions; Lidl Makes Biggest Market Share Gain appeared first on KamCity.
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Total News Sources11
Leaning Left1Leaning Right0Center3Last UpdatedBias Distribution75% Center
Bias Distribution
- 75% of the sources are Center
75% Center
L 25%
C 75%
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