UK grocery inflation resumes downward trend, says Kantar
UK grocery inflation was 1.7% in four weeks to Sept. 1 - Kantar
60% of UK households worried about rising cost of shopping
Grocery sales up 3.0% over four week period year-on-year
Ocado and Lidl are fastest growing grocers
Asda remains the laggard
Adds table, detail paragraphs 9 to 12
By James Davey
LONDON, Sept 10 (Reuters) -UK grocery inflation edged lower in the four weeks to Sept. 1, data from market researcher Kantar showed on Tuesday, after rising for the first time in 18 months in last month's report.
It said annual grocery price inflation over the period was 1.7%, versus 1.8% in the previous four-week period.
Despite the fall, nearly 60% of UK households remained worried about the rising cost of their shopping, Kantar said.
"This is their second biggest financial worry, only behind home energy bills," said Fraser McKevitt, the researcher's head of retail and consumer insight.
The data, the most up-to-date snapshot of UK consumer behaviour published since the July 4 national election, showed prices were rising fastest in products such as vitamin and mineral supplements, chilled fruit juices and chocolate confectionery. The fastest falls were in prices of toilet tissue, dog food and bottled cola drinks.
Official data published last month showed overall UK inflation ticked up to 2.2% in July, but was still running below comparable rates in the euro zone and the United States. Data for August will be published on Sept. 18.
Kantar's data showed grocery sales rose 3.0% in value terms over the four week period year-on-year, a slight slowdown from growth of 3.8% in last month's report.
Over the 12 weeks to Sept. 1, online supermarket Ocado OCDO.L was again the fastest growing grocer with sales up 12.9% year-on-year, its best rate of growth since May 2021, Kantar said.
Industry leader Tesco TSCO.L saw sales growth of 5.3%, with its market share hitting 27.8%, its highest since January 2022.
Sales at No. 2 Sainsbury's SBRY.L rose 5.7% but No. 3 Asda was again the laggard, with its sales down 5.6% and it lost 1.2 percentage points of market share year-on-year.
Last month, Asda's chairman, veteran retailer Stuart Rose, told the Telegraph newspaper he was "embarrassed" by the group's performance.
Kantar said discounters Aldi and Lidl saw sales growth of 1.3% and 9.1% respectively, though Aldi's market share edged lower.
Aldi said on Monday its subdued growth reflected its move to reduce prices ahead of the market.
UK supermarkets' market share and sales growth (%)
Market share 12 wks to Sept 1 2024 | Market share 12 wks to Sept 3 2023 | % change in sales (yr-on-yr) | |
Tesco | 27.8 | 27.2 | 5.3 |
Sainsbury's | 15.2 | 14.8 | 5.7 |
Asda | 12.6 | 13.8 | -5.6 |
Aldi | 9.9 | 10.1 | 1.3 |
Morrisons | 8.5 | 8.6 | 2.7 |
Lidl | 8.0 | 7.6 | 9.1 |
Co-operative | 5.9 | 6.1 | -0.7 |
Waitrose | 4.6 | 4.6 | 4.0 |
Iceland | 2.3 | 2.3 | 4.4 |
Ocado | 1.8 | 1.6 | 12.9 |
Source: Kantar
Reporting by James Davey, Editing by Paul Sandle and Christina Fincher
Aloqador aktivlar
Eng oxirgi yangiliklar
Javobgarlikdan voz kechish: XM Group korxonalari har biri faqat ijro xizmatlarini koʻrsatadi va onlayn savdo platformamizdan foydalanish huquqini beradi, bu odamga veb-saytda yoki veb-sayt orqali mavjud boʻlgan kontentni koʻrish va/yoki undan foydalanishga ruxsat beradi hamda uni oʻzgartirishga moʻljallanmagan va uni oʻzgartirmaydi yoki kengaytirmaydi. Bunday kirish va foydalanish huquqi doimo quyidagilarga boʻysunadi: (i) Shartlar va qoidalar; (ii) Risklar haqida ogohlantirish; va (iii) Javobgarlikni toʻliq rad etish. Shuning uchun bunday kontent umumiy maʼlumot sifatida taqdim etiladi. Xususan, shuni esda tutingki, bizning onlayn savdo platformamiz mazmuni moliyaviy bozorlarda biror bitimni amalga oshirishga oid maslahat yoki taklif emas. Har qanday moliyaviy bozorda savdo qilish sizning kapitalingiz uchun jiddiy risk darajasini oʻz ichiga oladi.
Onlayn savdo platformamizda chop etilgan barcha materiallar faqat taʼlim/axborot maqsadlari uchun moʻljallangan va unda moliyaviy, investitsiya soligʻi yoki savdo maslahatlari va tavsiyalar; yoki bizning savdo narxlarimizning qaydlari; yoki har qanday moliyaviy vositalar bilan bitim tuzish maslahati yoki taklifi; yoki sizga kerak boʻlmagan moliyaviy reklama aksiyalari hisoblanmaydi
Har qanday uchinchi tomon kontenti, shuningdek XM tomonidan tayyorlangan kontent, masalan: fikrlar, yangiliklar, tadqiqotlar, tahlillar, narxlar va boshqa maʼlumotlar yoki bu veb-saytda joylashgan uchinchi tomon saytlariga havolalar umumiy bozor sharhi sifatida "boricha" taqdim etiladi va investitsiya maslahatini tashkil etmaydi. Har qanday kontent investitsiya tadqiqoti sifatida talqin qilinsa, siz bunday kontentni investitsiya tadqiqotlarining mustaqilligini ragʻbatlantirish uchun moʻljallangan qonun talablariga muvofiq moʻljallanmagan va tayyorlanmaganligini eʼtiborga olishingiz va qabul qilishingiz kerak, shuning uchun unga tegishli qonunlar va qoidalarga muvofiq marketing kommunikatsiyasi sifatida qaraladi. Mustaqil boʻlmagan investitsiya tadqiqoti va yuqoridagi maʼlumotlarga oid risk haqida ogohlantirishimizni oʻqib chiqqaningizga va tushunganingizga ishonch hosil qiling, unga bu yerdan kirish mumkin.