Kantar

UK Grocery Inflation Returns To Downward Trend – Kantar

UK grocery inflation edged lower this month, data from Kantar showed on Tuesday, after rising for the first time in 18 months a month prior.

Aldi UK has reported a 16% rise in sales in Britain and Ireland to £17.9 billion in 2023, a year that saw grocery inflation peak at 17.5%.

British supermarket group Waitrose has announced plans to invest £1 billion in new and existing shops over the next three years.

Tesco Ireland has overtaken Dunnes Stores as the leading supermarket based on market share, according to Kantar.

Grocery inflation has increased slightly for the first time in 15 months as Dunnes Stores and Tesco lead the market, Kantar reported today.

UK grocery inflation has fallen this month to its lowest level since September 2021, data from market researcher Kantar showed on Tuesday.

Sainsburys reported a 3% rise in first-quarter underlying sales on Tuesday, despite weather-related weakness in non-food categories.

Inflation stands at 2.5% in the 12 weeks to 9 June 2024, 13 percentage points below its position in June 2023, Kantar reported today.

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