Overview

• The latest Worldpanel by Numerator data covers the four weeks to 10 August and shows grocery prices rising faster than the UK’s 3.6% overall inflation rate.
• Take-home supermarket sales grew 4% in August, while trips to casual and fast-service restaurants fell about 6% in the three months to mid-July.
• Lidl and Ocado recorded the fastest growth over the 12 weeks to 10 August, with sales up 10.7% year on year at both retailers.
• Tesco increased share to 28.4% on 7.4% sales growth, as Asda and Co-op saw year-on-year declines.
• Industry groups cite higher wage costs, weather-hit harvests and a shortage of CO2 used in farming as key forces feeding price pressures.