Grocery price inflation in the UK hit 5.2% in March, the highest since April 2012, according to the latest figures from data analytics firm Kantar. As costs rise, consumers are turning to own-label products which tend to be cheaper than branded ones, and now account for 50.6% of all spending . Discount retailers Aldi achieved a record market share of 8.6% and Lidl matched its best performance at 6.4%, as both chains grew sales by 3.6%. Overall supermarket sales fell by 6.
War is bad for business, especially sanctioning a country like Russia. 34 days only see how everyone is affected by this war. Tell me if we are not already in WWIII?
Electronic money created by the central banks is beginning to hurt consumers and businesses. That was bound to happen! QE