UK Grocery Inflation Accelerates to 5.2 %, Says Worldpanel
British grocery inflation rose to 5.2% in the four weeks to October 5, industry data showed on Tuesday, adding to pressure on consumers already facing higher energy bills.
The figure from Worldpanel by Numerator (formerly Kantar), which provides an early indication of pricing pressures ahead of official UK inflation data on October 22, compared with 4.9% in last month's report.
Worldpanel said prices were rising fastest in markets such as chocolate, meat and coffee and falling the fastest in household paper, sugar confectionery and sparkling wine. "Spending on offers has hit its highest level since April at 29.4%....
To Read Full Story Login Below.
Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required. Password is required.