UK Grocery Inflation Eases but Spending Stalls Due to Wet Weather
Supermarkets see minimal sales growth as Britons cut back on summer purchases despite lower prices.
- Grocery inflation fell to 2.1% in June, the lowest since October 2021.
- Sales of typical summer items like sun care products and prepared salads dropped significantly.
- Fresh soup sales surged by nearly 24% as unseasonable weather persisted.
- 22% of households still struggle financially, though 36% feel comfortable.
- Supermarkets hope Euro 2024 will boost spending, particularly on beer and lager.