British supermarkets, including Aldi, Lidl, Sainsbury's, and Tesco, experienced record Christmas sales due to promotions and price cuts, with the average household spending a record high of £477 on groceries in December. Supermarket inflation saw its fastest monthly drop on record, falling to 6.7% in December, the lowest rate of increase in 18 months. Industry data indicates that price cuts to lure shoppers helped supermarkets rake in record revenues ahead of Christmas.
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Food price inflation falls to 6.7% in December - the lowest rate of increase in 18 months - after supermarkets slashed costs in run up to Christmas https://t.co/YnQLHxdB7n https://t.co/cpyEBQdpdC
Join Ian King, as price cuts to lure shoppers helped supermarkets rake in record revenues ahead of Christmas, according to industry data More ➡️ https://t.co/KyH36AAYJ9 https://t.co/bRKgU8UWKp
Supermarket inflation has seen its fastest monthly drop on record as the average household spent an all-time high of £477 on groceries over December, figures show ✍: @PA_Consumer https://t.co/6fCLGWq58I
British supermarket winners at Christmas were German-owned discounters Aldi and Lidl, No. 2 player Sainsbury's, and market leader Tesco, according to industry data https://t.co/xA68v1WlrK
BREAKING: 'Record' Christmas sales for supermarkets aided by promotions Read more 🔗 https://t.co/AEa1MK5N4f