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☆ UK grocery inflation in single digits for first time this year -Kantar
▼ + stars: | 2023-11-07 | by ( James Davey | ) www.reuters.com time to read: +3 min

Market researcher Kantar said annual grocery inflation was 9.7% in the four weeks to Oct. 29, down from 11% in last month's report. The Kantar data provides the most up-to-date snapshot of UK grocery inflation. Kantar said grocery sales in the four weeks to Oct. 29 rose by 7.4% compared with last year. Spending on promotions hit 27.2% of total grocery sales – the highest level since Christmas last year. UK supermarkets' market share and sales growth (%)Source: Kantar($1 = 0.8061 pounds)Reporting by James Davey Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.

Persons: Phil Noble, Kantar, Fraser McKevitt, Rishi Sunak, James Davey, Mark Potter Organizations: REUTERS, Bank of England, Barclays, Thomson Locations: Altrincham, Britain

☆ UK grocery inflation cools to lowest level in a year -Kantar
▼ + stars: | 2023-09-12 | by ( James Davey | ) www.reuters.com time to read: +2 min

Market researcher Kantar said annual grocery inflation was 12.2% in the four weeks to Sept. 3, down from 12.7% in its August report. The Kantar data going into September provides the most up-to-date snapshot of UK grocery inflation. Official data published last month showed overall inflation in July was 6.8%, with food inflation at 14.9%. Kantar said UK grocery sales rose 7.4% over the four-week period on a value basis. UK supermarkets' market share and sales growth (%)Source: KantarReporting by James Davey; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

Persons: Kantar, Fraser McKevitt, James Davey, Leslie Adler Organizations: Conservative, Bank of England, Waitrose, Aldi, Lidl, Thomson

☆ UK grocery inflation continues downward trajectory -Kantar
▼ + stars: | 2023-07-18 | by ( James Davey | ) www.reuters.com time to read: +2 min

Market researcher Kantar said annual grocery inflation was 14.9% in the four weeks to July 9, falling 1.6 percentage points from the 16.5% in its June data set. The Conservative government's key pledge to halve inflation in 2023 ahead of a probable election in 2024 has been undermined by stubbornly high food inflation. The Kantar data going into July provides the most up to date snapshot of UK grocery inflation. Official data for overall UK inflation in June will be published on Wednesday. The researcher said UK grocery sales rose 10.4% over the four week period year-on-year on a value basis.

Persons: Kantar, Fraser McKevitt, James Davey, Aurora Ellis Organizations: LONDON, Conservative, Bank of England, Tesco, Iceland Foods, Aldi, Lidl, Thomson

☆ UK grocery inflation edges lower for third straight month -Kantar
▼ + stars: | 2023-06-20 | by ( James Davey | ) www.reuters.com time to read: +2 min

Market researcher Kantar said annual grocery inflation was 16.5% in the four weeks to June 11, down from 17.2% in its May data set. Prime Minister Rishi Sunak's key pledge to halve inflation in 2023 has been undermined by persistently high food inflation. "Price rises are now being compared to the increasing rate of grocery inflation seen last summer, which means that it should continue to fall in the coming months," he said. Market leader Tesco (TSCO.L) said on Friday food inflation was starting to ease and it was hopeful it would moderate through the year. The Kantar data for June provides the most up to date snapshot of UK grocery inflation.

Persons: Kantar, Rishi Sunak's, Fraser McKevitt, Price, James Davey, Cynthia Osterman Organizations: Reading, Bank of England, Tesco, Aldi, Lidl, Thomson

☆ UK grocery inflation hits new high of 17.5% -Kantar
▼ + stars: | 2023-03-28 | by ( James Davey | ) www.reuters.com time to read: +3 min

SummarySummary Companies Grocery inflation in March at highest level ever recordedMilk, eggs and cheese show fastest price risesShoppers face 837 pounds rise in annual grocery billLONDON, March 28 (Reuters) - British grocery inflation rose again in March to a record 17.5%, inflicting yet more pain on consumers battling a cost-of-living crisis, industry data showed on Tuesday. Market researcher Kantar said prices were rising fastest in markets such as eggs, milk and cheese. "It’s more bad news for the British public, who are experiencing the ninth month of double-digit grocery price inflation," said Fraser McKevitt, Kantar's head of retail and consumer insight. The Kantar data for March provides the most up to date snapshot of UK grocery inflation. It said total grocery sales over the 12 weeks to March 19 rose 8.6%.

☆ UK grocery price inflation hits record 17.1%
▼ + stars: | 2023-02-28 | by ( James Davey | ) www.reuters.com time to read: +2 min

SummarySummary Companies Grocery inflation in Feb at highest level ever recordedMilk, eggs, margarine show fastest price risesShoppers face 811 pounds rise in annual grocery billLONDON, Feb 28 (Reuters) - British grocery inflation hit 17.1% in the four weeks to Feb. 19, another record high, dealing the latest blow to consumers struggling with a cost-of-living crisis, industry data showed on Tuesday. "This February marks a full year since monthly grocery inflation climbed above 4%. He said its research found that rising grocery prices are the second most important financial issue for the public behind energy costs. Kantar said UK grocery sales increased 8.1% over the 12 weeks to Feb. 19, masking a drop in volumes when accounting for inflation. UK grocers' market share and sales growth (%)Source: Kantar($1 = 0.8295 pounds)Reporting by James Davey; editing by Grant McCoolOur Standards: The Thomson Reuters Trust Principles.

☆ UK grocery price inflation hits record high as more stores impose rationing
▼ + stars: | 2023-02-28 | by ( Anna Cooban | ) edition.cnn.com time to read: +4 min

London CNN —A measure of UK grocery price inflation soared to a record high this month — that’s more bad news for consumers already facing a shortage of fruit and vegetables that has led to rationing at major supermarkets. “Our latest research shows that grocery price inflation is the second most important financial issue for the public behind energy costs, with two-thirds of people concerned by food and drink prices,” McKevitt said. Mark Spencer, the UK food and farming minister, held crisis talks with supermarket bosses on Monday to discuss their response to the shortages. UK growers were not harvesting tomatoes, peppers and eggplants at this time of year, as is usually the case, because high energy costs this winter had delayed planting, said Lee Stiles, LGVA secretary. UK apple farmers normally buy at least one million apple trees each winter for planting.

☆ UK grocery price inflation rises to record 16.7% -Kantar
▼ + stars: | 2023-01-31 | by ( James Davey | ) www.reuters.com time to read: +2 min

LONDON, Jan 31 (Reuters) - British grocery inflation hit a record 16.7% in the four weeks to Jan. 22, dealing another blow to consumers battling an escalating cost-of-living crisis, industry data showed on Tuesday. Market researcher Kantar said grocery inflation was at its highest since it started tracking the figure in 2008, with prices rising fastest in markets such as milk, eggs and dog food. Kantar said sales of supermarkets' own-label lines grew 9.3% in January, while sales of branded products, which are generally more expensive, were up by just 1.0%. It said that over the 12 weeks to Jan. 22, UK grocery sales rose 7.6% year-on-year, masking a drop in volumes when accounting for inflation. UK grocers' market share and sales growth (%)Source: Kantar($1 = 0.8093 pounds)Reporting by James Davey Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.

☆ Aldi sales soar as UK shoppers battle record food inflation
▼ + stars: | 2023-01-04 | by ( Hanna Ziady | ) edition.cnn.com time to read: +2 min

London CNN —Aldi recorded its highest-ever December sales in the United Kingdom, as shoppers squeezed by searing food price inflation flocked to the German discount supermarket chain to save money on groceries. The British Retail Consortium said Wednesday that food inflation accelerated to 13.3% in December, up from 12.4% in November, the highest level recorded since it started tracking the data in 2005. Fresh food inflation accelerated to 15% in December, also an all-time high. Lidl’s sales increased by nearly 24%, its data showed. Tesco (TSCDF) and Sainsbury’s, the largest UK grocers by market share, grew sales by 6% and 6.2% respectively.

☆ Inflation drives Britain's record Christmas grocery sales
▼ + stars: | 2023-01-04 | by ( James Davey | ) www.reuters.com time to read: +2 min

Kantar said grocery price inflation was 14.4% in December, down from 14.6% in November, with prices rising fastest in markets such as milk, dog food and frozen potato products. “This is the second month in a row that grocery price inflation has fallen, raising hopes that the worst has now passed," McKevitt said. Online grocery sales rose 4%, though its share of the market fell 0.6 percentage points to 11.6%. Overall UK inflation is running at 10.7% and consumers face the prospect of a tighter squeeze in 2023, with higher taxes and mortgage rates and scaled-back government support on household energy bills. UK grocers' market share and sales growth (%)Source: Kantar($1 = 0.8345 pounds)Reporting by James Davey Editing by Mark HeinrichOur Standards: The Thomson Reuters Trust Principles.

☆ Britain's grocery inflation falls for first time in 21 months -Kantar
▼ + stars: | 2022-12-06 | by ( James Davey | ) www.reuters.com time to read: +2 min

LONDON, Dec 6 (Reuters) - British grocery inflation edged lower in November, a first decline in nearly two years, but remained near record highs, providing little relief for consumers ahead of the key Christmas trading period, industry data showed on Tuesday. Market researcher Kantar said grocery inflation in the four weeks to Nov. 27 was 14.6%, down 0.1 percentage points from October's record high, marking the first fall in 21 months. Prices are rising fastest in markets such as milk, dog food and butter, said Kantar. It said grocery sales rose 5.9% year-on-year in the 12 weeks to Nov. 27, masking a drop in volumes once inflation is accounted for. Kantar said its data did not indicate a significant boost to sales from the soccer World Cup, which started Nov. 20.

☆ British grocery inflation hit record 14.7% in October -Kantar
▼ + stars: | 2022-11-08 | by ( James Davey | Lucy Craymer | ) www.reuters.com time to read: +2 min

SummarySummary Companies Too early to call peak of inflation, Kantar saysBritons face 682-pound jump in annual grocery billSales of cheapest-value own-label ranges soarDiscounters Aldi, Lidl are fastest growing grocersLONDON, Nov 8 (Reuters) - British grocery inflation hit 14.7% in October, another new record, and it is still too early to call the ceiling, market researcher Kantar said on Tuesday. It said UK consumers would face a 682-pound ($785) jump in their annual grocery bill if they continued to buy the same items. Kantar said 27% of UK households reported that they are struggling financially - double the proportion it recorded last November. Kantar said grocery sales rose by 5.2% on a value basis in the 12 weeks to Oct. 30 year-on-year - masking a drop in volumes once inflation is accounted for. Sales of own-label goods, which are generally cheaper than branded goods, jumped 10.3% over the four weeks to Oct. 30, while sales of branded goods rose 0.4%.

☆ Analysis: World Cup could be nightmare before Christmas for Britain's supermarkets
▼ + stars: | 2022-10-19 | by ( James Davey | ) www.reuters.com time to read: +6 min

Retail executives say the World Cup, moved to the winter to avoid the intense Qatari summer temperatures, has totally thrown the algorithms they increasingly use to predict trading and plan their logistics. "It's also an executional headache, because right when you want to have everything Christmas out, you've got to somehow reflect slabs of booze and snacking for the World Cup," he said. During the last World Cup in July 2018, which coincided with a prolonged period of hot weather, shoppers visited UK supermarkets an extra 13 million times, according to market researcher Kantar. Of course, customers visiting stores to buy festive goods could buy in World Cup supplies at the same time. "It's not going to be as big as the summer World Cup, that is clear," said Fraser McKevitt, head of retail and consumer insight at Kantar.

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