Supermarket prices rise at fastest rate in four years
Supermarket prices rise at fastest rate in four years
The latest rise in inflation means a typical family could pay an extra £144 a year for their groceries if the pace
14 November, 2017, 19:51
Sainsbury's is the fastest growing of the "big 4" supermarkets.
The average shop is now costing GBP18.26, meaning consumers are now paying an extra 62 pence each visit, adding GBP143.70 to the typical family's grocery bill.
The latest Kantar Worldpanel market share figures have found that Lidl is now the fastest growing United Kingdom supermarket for the fifth consecutive period in a row, with sales rising 15.1%.
"The British public is only just getting started when it comes to Christmas shopping", Fraser said, "and is expected to shell out a whopping £28.7 billion at the grocers in the final 12 weeks of 2017". Prices are rising fastest in markets such as butter, fish and cola and are falling in only a few markets, including crisps and fresh poultry.
Tesco welcomed 76% of British households during the past 12 weeks, growing sales by 2.3% as its market share dipped to 28%, down 0.2 percentage points on last year, while Morrisons saw sales increase by 2.1% accompanied by a marginal fall in share from 10.5% last year to 10.4% during the latest quarter.
Lidl is the country's fastest growing supermarket for the fifth consecutive period with sales up 15% year on year.
"Alcohol sales have ramped up too, increasing by 5.3% year-on-year as shoppers parted with an extra GBP142.00 million on their favourite tipples".
Waitrose held market share steady year on year at 5.3 per cent, seeing sales growth across the board: from convenience stores, larger supermarkets and online.
Sainsbury's share price has been steady in today's session, having added 0.18 percent to 227.70p as of 13:38 GMT, in line with the broader United Kingdom market, with the benchmark FTSE 100 index now standing 0.16 percent higher at 7,427.20 points.
On currency markets, the pound was flat against the dollar at $1.3115, but fell against the euro, however, down 0.33% at €1.1205.
Tesco saw sales growth of 2.3 per cent as its market share dipped to 28.0 per cent, down 0.2 percentage points on previous year. The group's shares have lost more than three percent of their value over the past year, and are down by some eight percent in the year-to-date. The news follows the grocer's interims earlier this month, which revealed that its profits had fallen in the first half of its financial year.
Elsewhere in the Big 4 Asda enjoyed its eighth period of sales growth jumping 1.5 per cent driven by an 88 per cent sales boost in its budget Farm Stores range.
United Kingdom grocery sales reportedly increased 3.1 per cent year-on-year, and 1.7 per cent excluding discounters.
The flags used by Syrian Democratic Forces units found in Abu Kamal confirm that, the Russian Defense Ministry noted. The retreating IS fighters were equipped with "military vehicles and heavy weapons", they added.
The assets are disproportionate to his known sources of income for which he could not reasonably account for, the reference said. The court also recorded the statements of NAB investigation officers in three references against sons of former prime minister.
The bank confirmed the fine, as well as its willingness to pay it, in a statement released late Monday evening. The probe is still ongoing in relation to other banks, according to a person familiar with the matter.
Of that group, Musa and Uche stand out as the only two to have scored a brace, and Musa scored his at the World Cup. Like Clemens Westerhof before him, Gernot Rohr came into Nigeria under-promising, but has seemingly over-delivered.
Vidya Balan , who recently shot a video titled Taboo , feels that it is time to "re-look" at the attitude towards sex. But that hasn't deterred her from experimenting with different roles, and her next film Tumhari Sulu is no different.
Ellerbe said his ankle hasn't been an issue since training camp and felt his workout with the Eagles two weeks earlier went well. Cowboys fans better hope they can fix that problem, because it looks like they'll be without him for the next few games.
It certainly rings true as their eldest child Blue Ivy was seen having a ball, enjoyed the adventure with her family on board. Queen B looked insane in love as she doted on Sir as Tina, every inch the proud gran, held Rumi in her arms.
Columbia Partners L L C Investment Management purchased a new stake in Cohen & Steers in the 2nd quarter valued at about $417,000. The company reported $0.51 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $0.51.
The Firm owns, operates, manages, acquires, develops and redevelops self-storage properties located throughout the United States. The stock rose 0.54% or $0.62 reaching $114.76. (NYSE:EXR) earned "Hold" rating by Cantor Fitzgerald on Wednesday, November 1.
Finally, JPMorgan Chase & Co. reissued a buy rating on shares of Lam Research Corp.in a research report on Thursday, October 6th. The firm has "Hold" rating by BMO Capital Markets given on Monday, June 26. (NYSE:PII) on Wednesday, June 29 with "Buy" rating .
During the hearing, Justice Saqib Nisar asked if hiding assets in the nomination paper was a mistake or deliberate lying. Earlier, it was observed by CJP that PTI Chairperson Imran Khan declared his London flat but not the offshore company.
Bangladesh oust India from Under-19 Asia Cup
After the defeat, India are out of the tournament and now Nepal and Bangladesh, from Group A, qualified for the semi-finals. Bangladesh openers Pinak Ghosh and Mohammad Naim Sheikh sealed the match with their opening partnership of 82 runs.
Australia's Kurtley Beale in trunks call with Prince William
Even basketball star Shaquille O'Neal took notice, hilariously photoshopping himself in the photo share it with his own followers. Kurtley Beale has taken the crown when it comes to royal social media snaps, after posting this gem with Prince William .
China Posts Moderate Economy Growth
Gross domestic product grew 6.8 percent in the third quarter, a touch slower than the 6.9 percent pace in the first two quarters. Economic growth is within a reasonable range, Liu Aihua, a spokeswoman at NBS, told reporters.
Senate approves Buhari's $5.5bn loan request
The government intends to spend money on infrastructure projects to diversify the OPEC member's oil-dependent economy. Senate leader Ahmed Lawan said the loan will make a huge difference in the economy, if properly utilised.
Pat McGrath Partners with Maggie Lindemann and Spotify
The rising star, pictured above, is a new McGrath muse and is releasing a new single, "Obsessed", timed with the campaign launch. All users need to do is head over to Lindemann's artist page, and scroll down to her Merchbar to find what's on offer.