Rolling coverage of the latest economic and financial news
UK grocery price inflation has held steady at 4.7% in November, as supermarkets offer discounts to lure shoppers into their stores.
Data provider Worldpanel by Numerator has reported that 31.2% of spending was on promoted items in November, up from 30% this time last year.
Retailers are pulling out all the stops to win shoppers over as they gear up for one of the most important trading periods of the year.
One in five households tell us that they’ve been struggling financially and that’s been largely consistent over the past two years.
Continue reading…Rolling coverage of the latest economic and financial newsUK grocery price inflation has held steady at 4.7% in November, as supermarkets offer discounts to lure shoppers into their stores.Data provider Worldpanel by Numerator has reported that 31.2% of spending was on promoted items in November, up from 30% this time last year.Retailers are pulling out all the stops to win shoppers over as they gear up for one of the most important trading periods of the year.One in five households tell us that they’ve been struggling financially and that’s been largely consistent over the past two years. Continue reading…