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UK grocery inflation eases to 3.8% in April, says Worldpanel
Worldpanel by Numerator said promoted-item spending rose 7.8% as grocery sales increased 0.9% and Lidl hit an 8.4% market share.
- Data from Worldpanel by Numerator showed British grocery inflation eased to 3.8% in the four weeks to April 19, down from 4.3% in the previous period.
- Households are increasingly seeking out deals as spending on promoted items rose 7.8% year-on-year, reflecting concerns about rising prices.
- Spending at Tesco and Sainsbury rose 4.3% and 4.5% respectively, while sales in the four weeks to Easter Sunday, April 5, increased 14.9% compared to last year.
- Separate data from the British Retail Consortium showed overall shop price inflation decreased to 1.0% in April, though shoppers were warned the Middle East conflict has "not yet" filtered through to shelves.
- Fraser McKevitt, head of retail and consumer insight at Worldpanel, noted shoppers did not hold back on staples this year, while Lidl and Ocado emerged as the fastest-growing retailers.
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UK grocery inflation eases to 3.8% in April, says Worldpanel
British grocery inflation eased to 3.8% in the four weeks to April 19 from 4.3% in the previous period, data from Worldpanel by Numerator showed on Tuesday, indicating that the impact from the Iran war had not hit supermarket shelves yet.
·United Kingdom
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Coverage Details
Total News Sources8
Leaning Left2Leaning Right1Center4Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
L 29%
C 57%
14%
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