Rising grocery prices fail to dampen wine sales

Quick Summary:

Grocery price inflation has risen for the first time since March last year, analysis by Kantar suggests.

The rate of supermarket price rises had previously fallen for 17 months in a row, Kantar said.

The British Retail Consortium (BRC) warned that further inflation could be expected as climate change damages harvests after unusually wet weather in England.

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Article Details

Category: Business

Markets: United Kingdom

Topics: Price Rate Grocery Weeks Market Kantar Supermarkets Inflation Sales Year

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-13 @ 14:14:31 (19 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 638 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 22067750

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Official Website: bbc.co.uk

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