Supermarkets start year with 6-month growth high

 In International
2018 got off to an encouraging start for the UK’s leading supermarkets, as sales rose by the highest year-on-year rate for over six months, according to Nielsen retail data released today.
Shoppers spent 4.2{845d44a2f09c0018d802e19e78941a85dc2180e4ed7410cee0b34e8cb134ecea} more on groceries during the four weeks ending 27 January versus the same period a year ago, as inflation continues. The last time year-on-year growth was higher was 5.1{845d44a2f09c0018d802e19e78941a85dc2180e4ed7410cee0b34e8cb134ecea} in July 2017, following a short heatwave.
Excluding the discounters, sales rose 2.7{845d44a2f09c0018d802e19e78941a85dc2180e4ed7410cee0b34e8cb134ecea}1, while volumes only rose 0.1{845d44a2f09c0018d802e19e78941a85dc2180e4ed7410cee0b34e8cb134ecea}. Sydney Morning Herald – Read more…

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