Business, Inflation, Economics, Stock markets, Whitbread, Food & drink industry Business | The Guardian
Rolling coverage of the latest economic and financial newsKantar reports that take-home grocery sales rose by just 1.0% over the four weeks to 9 June 2024, which is the the slowest increase since June 2022.That’s partly due to the slowdown in inflation (as prices rose at a slower rate), but also the poor weather in May and June.We’re not yet reaching for those typical summertime products and are making some purchases you wouldn’t expect in June.Consumers bought nearly 25% fewer suncare items this month compared with last year, while prepared salads dipped by 11%. On the other hand, warming fresh soup sales jumped by almost 24%. Continue reading…
Rolling coverage of the latest economic and financial news
Kantar reports that take-home grocery sales rose by just 1.0% over the four weeks to 9 June 2024, which is the the slowest increase since June 2022.
That’s partly due to the slowdown in inflation (as prices rose at a slower rate), but also the poor weather in May and June.
We’re not yet reaching for those typical summertime products and are making some purchases you wouldn’t expect in June.
Consumers bought nearly 25% fewer suncare items this month compared with last year, while prepared salads dipped by 11%. On the other hand, warming fresh soup sales jumped by almost 24%.
