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The Latest Breaking News from Fraser McKevitt

UK food price inflation hits 3.7%, the highest level since March

Supermarkets celebrate bumper Christmas as households’ spending reaches record £460 on average

The Guardian - UK

Grocery spending reaches new high as inflation jumps to 3.7%

The average household made nearly 17 separate supermarket trips last month, Kantar reported.

Evening Standard

Christmas dinner cost rise revealed as price of one ingredient soars

The cost of turkey and vegetables is behind the rise, as farmers battle higher energy costs and a looming higher bill for workers

The Independent UK

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Cost of average Christmas dinner up 6.5% on last year

Sales across the supermarkets are expected to exceed £13 billion over the four weeks of December for the first time.

Evening Standard

Grocery inflation rises again as household supermarket trips hit four-year high

Supermarket prices were 2.3% higher than a year ago in October, up slightly on September’s 2% increase, Kantar said.

Evening Standard

Back-to-school shopping drives up grocery spending in Great Britain

Sales of fromage frais, cereal and fruit bars rise 14% over last week of August compared with a year ago

The Guardian - UK

International Student In London Struggles To Pay For Groceries: '£30 Is Not A Big Deal For You, But Is A Week's Worth Of Groceries For Me'

As an international student from India, Varisha Tariq encountered substantial financial challenges while pursuing her studies in the UK.

International Business Times UK

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Falling inflation, football and fake tan fuel UK retail spending

Sales at supermarkets rise as consumer confidence improves, only slightly dampened by wet weather

The Guardian - UK

Britons cut back on spending despite fall in grocery inflation, says Kantar

Bad weather makes consumers trim supermarket shop and rethink summer purchases despite slower food price rises

The Guardian - UK

Grocery price rises in Great Britain slow as shoppers opt for own-label products

Euro 2024 men’s football tournament and Olympic Games could drive summer sales, says analyst

The Guardian - UK

Grocery price rises in Great Britain slow as cost of toilet rolls, butter and milk falls

Shoppers spend more on promotions as Easter lifts sales of chocolate eggs and hot-cross buns

The Guardian - UK

Bumper Christmas for supermarkets in Britain with £13.7bn passing through tills

Britons made 488 million trips to the supermarkets over the four weeks to December 24

Evening Standard

UK shoppers spent £13.7bn on groceries in run-up to Christmas

Consumers buy more items – including plenty of parsnips and sprouts – to beat last year’s spend by 7%

The Guardian - UK

Fierce supermarket competition in UK keeps lid on Christmas dinner costs

Festive feast for four rises in price far below annual food inflation rate with sparkling wine and pudding cheaper than in 2022

The Guardian - UK

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Evening Standard

Festive price war means cost of Christmas dinner is down - but only if you like sprouts

The cost of some items on a Christmas dinner plate has fallen

The Guardian - UK

UK food inflation may be gone by Easter, claims boss of major retailer

Upbeat comments by Associated British Foods CEO come as grocery price rises fall to single digits for first time in 18 months

The Guardian - UK

UK grocery inflation falls to single digits for first time this year

Butter, dried pasta and milk among items to show drops as supermarket price rises slow

Evening Standard

Grocery price inflation falls to lowest level in a year

Some 95% of consumers are still worried about the impact of rising grocery prices, analysts Kantar found

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The Guardian - UK

UK grocery price inflation slows but shoppers worried by soaring bills

Aldi and Lidl enjoy sales increase and own-label ranges thrive as consumers seek out bargains

The Guardian - UK

Food price inflation in UK falls for fifth month in a row

Reduction is second sharp drop in a row as milk and sunflower oil get price cuts while eggs, sweets and chips increase again

The Guardian - UK

UK basic wage growth hits record high; Russia’s central bank lifts rates to 12% – as it happened

UK regular pay growth highest since 2001 while unemployment rate rises unexpectedly; rouble recovers afters Bank of Russia raises rates at extraordinary meeting

The Guardian - UK

UK inflation expected to fall after grocery price rises ease

Shoppers turning to loyalty schemes like Tesco Clubcard and Sainsbury’s Nectar to help cut costs at checkout

The Independent UK

Grocery price inflation show biggest drop since March peak

The figure fell to 14.9% in the four weeks to July 9, from a peak of 17.5% in March.

Manchester Evening News

Fewer ingredients, simpler meals, more microwaves: Sky-high food prices are changing how people eat and cook

Supermarket inflation has fallen to the lowest rate this year, but household budgets are still under enormous pressure

Daily Mirror

Grocery price inflation falls to lowest monthly rate this year - but still remains high

Inflation dropped to 16.5% for the four weeks to June 11, according to Kantar - this is down from 17.2% the previous month and a further decline from the record 17.5% recorded in March

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