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The Latest Breaking News from Kantar

UK grocery price inflation slows down, says Kantar report

The rate of grocery price inflation in the UK is decreasing at a slower pace, according to Kantar. Find out more about this trend in the British grocery ma...

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Bumper Christmas for supermarkets in Britain with £13.7bn passing through tills

Britons made 488 million trips to the supermarkets over the four weeks to December 24

Evening Standard

UK shoppers spent £13.7bn on groceries in run-up to Christmas

Consumers buy more items – including plenty of parsnips and sprouts – to beat last year’s spend by 7%

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UK families to spend over £1,800 this Christmas as costs triple in last 30 years

The analysis of a basket of 24 costs associated with the festive season saw an average price rise that is 93 per cent above the rate of inflation

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Fierce supermarket competition in UK keeps lid on Christmas dinner costs

Festive feast for four rises in price far below annual food inflation rate with sparkling wine and pudding cheaper than in 2022

The Guardian - UK

Festive price war means cost of Christmas dinner is down - but only if you like sprouts

The cost of some items on a Christmas dinner plate has fallen

Evening Standard

UK food inflation may be gone by Easter, claims boss of major retailer

Upbeat comments by Associated British Foods CEO come as grocery price rises fall to single digits for first time in 18 months

The Guardian - UK

UK grocery inflation falls to single digits for first time this year

Butter, dried pasta and milk among items to show drops as supermarket price rises slow

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UK grocery inflation slows again as butter price falls 16p in a year

Shoppers searching out deals as sunnier September lifts sales of ice-cream and burgers

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FTSE 100 posts third best day of 2023 as bond selloff eases; gas prices jump after Balticconnector pipe leak – as it happened

Markets surge on relief that bond yields are falling, while gas prices jump following reports that damage to Finland-Estonia pipeline could be deliberate

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Aldi reports record UK sales as shoppers change habits in cost of living crisis

Discount chain says it has attracted an extra 1 million customers to its 1,000 UK stores in the past year

The Independent UK

Lidl swings to annual loss amid battle to keep prices low as costs surge

The group reported pre-tax losses of £76m for the year to 28 February against profits of £41.1m the previous year

Evening Standard

Grocery price inflation falls to lowest level in a year

Some 95% of consumers are still worried about the impact of rising grocery prices, analysts Kantar found

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The Guardian - UK

UK grocery price inflation slows but shoppers worried by soaring bills

Aldi and Lidl enjoy sales increase and own-label ranges thrive as consumers seek out bargains

The Guardian - UK

UK jobs market ‘on the turn’ as unemployment rises; ‘terrifying’ increase in mortgage arrears – as it happened

Total pay jumps by 8.5% in the last year – ahead of inflation – while value of mortgages in arrears is now the highest in almost seven years

Evening Standard

Whole Foods axes luxury products in favour of discounted items as losses widen

The high-end retailer has scrapped its famous ‘cheese vault’ and introduced a raft of cut-price food products

The Guardian - UK

Food price inflation in UK falls for fifth month in a row

Reduction is second sharp drop in a row as milk and sunflower oil get price cuts while eggs, sweets and chips increase again

The Guardian - UK

UK basic wage growth hits record high; Russia’s central bank lifts rates to 12% – as it happened

UK regular pay growth highest since 2001 while unemployment rate rises unexpectedly; rouble recovers afters Bank of Russia raises rates at extraordinary meeting

Evening Standard

FTSE 100 Live: ‘Little doubt interest rates rise again’ after record pay growth, unemployment up to 4.2%

The UK unemployment rate rose to 4.2% in June, it was revealed today, despite expectations that it would remain at 4%.

Evening Standard

‘Incredibly high’ grocery price inflation is food for thought at the Bank of England

Ahead of tomorrow’s consumer price index, grocery prices are up almost 15%

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