Jubilee bank holiday gives UK grocery sales a boost as convenience leads on FMCG

Grocery bills to soar £380 this year as inflation soars
Grocery bills to soar £380 this year as inflation soars
// UK grocery sales have showed the first sign of positive growth since Christmas 2021
// Some 20% of of the UK is preparing to spend more over the four-day Jubilee weekend

The upcoming Jubilee bank holiday has given UK grocery sales a boost as figures return to growth for the first time since Christmas 2021, with 20% of of the UK preparing to spend more over the four-day Jubilee weekend.

UK grocery sales showed the first sign of positive growth in 2022, rebounding by 0.6% over the four-week period ending 21 May 2022, according to the latest data from NielsenIQ.

At the same time, the convenience channel has outperformed supermarkets with a 3.7% growth in sales in the last four weeks, and now accounts for 24% of all FMCG sales.

Read the full story at Grocery Gazette

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