Grocery price inflation in UK tops 17%, stunning even Kantar analysts
Just when it seemed British supermarket consumers were making slight gains against inflation, new data released by Kantar Worldpanel shows they are not. In fact, their positions are worse than ever. Kantar revealed that in the month leading up to 19th February, grocery price inflation soared to a staggering 17.1%, the largest its analysts say […]
Can Defra’s new schemes that aim to ‘save the planet’ really help farmers rebound?
UK farmers who have been battered by a range of challenges that include labour shortages and rising costs will be getting at least some relief from the government’s Environmental Land Management (ELM) plan, according to Defra. Defra announced on Thursday it will offer farms up to £1,000 extra in grants provided they can be both […]
UK consumers spent record £12.8B in December, but sales volume dropped
Total grocery sales in the UK jumped more than 7.5% in the run-up to Christmas, according to new data released by Kantar, helped by a slight dip in price inflation. However, the data insight and consultancy points out that while sales did reach a record £12.8 billion, volumes were down by 1% year over year. […]
Unrelenting inflation in UK causes fresh food prices to spike
Fresh food prices registered a 15% rise for British shoppers – the highest annual increase for the segment since 2005 – according to a report from Reuters. The cost of living soared during 2022, with the British Retail Consortium (BRC) reporting a record overall food price inflation of 13%. Britain’s official rate of consumer price inflation hit […]
Aldi overcomes price-match schemes by rivals to be UK’s cheapest shop again
For the fifth consecutive month, Aldi has registered the least expensive shopping experience for customers in the UK, according to data from consumer agency Which? Aldi again nosed out discount supermarket rival Lidl for the cheapest basket by a little less than two pounds (£75.79 to £77.68) and over Asda by around nine pounds (£84.98). […]
Tesco partners with FareShare, Trussell Trust on ‘unprecedented’ food collection this winter
Tesco is one of a number of supermarket chains across the UK preparing for the winter rush of shoppers while also trying to ensure that those in need are helping during the festive period. Tesco announced it is launching its annual Food Collection drive from December 1 to 3 to assist charities Trussell Trust and […]
Fairtrade plans banana price increase to help farmers cope with inflation
Because of inflation and increased costs of shipping, global certification group Fairtrade has announced a pending 20% average rise in banana prices to help farmers struggling financially. A robust 15% will go toward offsetting the expenses being incurred by producers who export directly. The other 4.5% will go toward the rising costs at farms in […]
With vegetable purchasing dropping because of inflation, Veg Power launches Simply Veg campaign to help families
Since inflationary pressures began, UK shoppers are spending nearly the same in supermarkets, but they are not filling their baskets with some of the most essential items to maintain their health: namely vegetables. According to a new report released by the nonprofit Veg Power, the purchases on vegetables have fallen to 6.3% of basket value […]
