The worst of inflation appears to be easing, according to official figures. And despite high prices, analysts are predicting a strong Christmas performance.
Food inflation is steadily ticking down but the grocery price storm isn't over yet warns industry leaders and grocery specialists.
Kantar research reveals the FMCGs (fast moving consumer goods) that are most frequently chosen by the nation's consumers
While inflation has been falling there are plenty of signs that consumer confidence has also dropped, with some disappointing sales figures.
Overall inflation is showing signs of dropping, providing some hopeful signs for the future. However, food prices remain stubbornly high.
Persistently high food and drink inflation is causing massive consumer anxiety and has affected shopping habits, according to industry experts.
Industry experts have voiced concerns after food inflation hit its highest rate in over 45 years, according to official data.
According to the latest Kantar market research, grocery price inflation sat at 16.7% during the four weeks to 22 January.
Grocery price inflation has dropped for the second month running, showing promising signs, as reported by Kantar Data.
Organic options have been on the up since the end of the pandemic, bringing plenty of choices across tea.
A larger growth in shopping as we approach Christmas is now expected as more consumers aim for the best deal possible.
Consumers continue to seek out the cheapest way to do their shops as they contend with rising grocery prices.
Budweiser has kicked off its new limited-edition FIFA World Cup packs across its entire line of beers.
Herbal spirit maker Jägermeister thinks the fact that the World Cup is taking place so close to Christmas provides retailers with an even stronger sales opportunity.
REFRESCO’s latest campaign for Old Jamaica invites consumers to celebrate the ‘Golden Hour’.
Warmer weather led to an increase in consumer footfall in the early summer, but the dark clouds of inflation still loom.