Inflation

British Grocery Inflation Drops To 3.2% – Kantar

Grocery inflation in the UK fell in March for the 14th consecutive month, according to data from Kantar released today.

French company Danone reported stronger-than-expected first quarter sales on Thursday, with volumes rising 1.2%.

Mondelez will be fined by the European Union (EU) as early as next month for restricting the sale of its products, the FT reported today.

Tesco has posted its preliminary results for the 2023/2024 financial year, reporting a strong sales performance and increased revenue.

Irish services activity grew at its fastest pace in eight months in March as the sector’s three-year expansion continued.

Irish grocery inflation rose 3.7% in the 12 weeks to 17 March, down 16% compared to last year according to the latest figures from Kantar.

Grocery inflation in the UK has reached its lowest level since February 2022 as it fell to 4.5% this month, Kantar has reported.

British retail sales increased this month after consistently falling for the past 10 months, according to industry figures.

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