Mike Watkins

UK Sees Growth In Food Retail As Consumers Battle Costs By Cooking – NIQ

The UK saw growth in food sales as customers turned to cooking from scratch as they battled cost of living concerns, according to NIQ.

UK grocery sales hit a record £14.6 billion in the final three weeks to Christmas on festive promotions and deals, NIQ reported on Wednesday.

UK shoppers are expected to spend more this Christmas due to lower inflation and strong promotions, according to the latest data from NIQ.

UK total till sales slowed to 4.0% growth in the four weeks to 2 November ahead of big spending events such as Christmas, NIQ reported.

Total till sales in the UK grew by 4.7% in the four weeks ending 4 October 2024 buoyed by lower inflation and seasonal spending, NIQ reports.

British supermarket sales growth slowed in September, likely owing to cooler weather and a return to routine following the summer holidays.

Total Till sales at UK supermarkets grew 5.5% in the four weeks to 10 August 2024 according to new data from NIQ.

Total till sales in UK supermarkets slowed (+1.1%) in the last four weeks ending 15 June 2024 on wet weather, according to NIQ.