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Note: This report summary is one or two months behind the current month as standard reporting practice. The content is indicative only and incomplete with certain data undisclosed. Become a member to access this data or take out a free 30 day membership trial now.
Food sales growth declined by 0.00% YoY, from a 0.00% rise a year earlier. Against 2019’s pre-pandemic levels, Food sales rose by 0.00%.
The decline was inevitable given the month-long circuit breaker lockdown (5 November – 2 December) a year ago which saw the closure of non-essential retail stores and hospitality sector.
Sales were transferred to the food sector as more meals were eaten at home. Resultantly, this November, the average shop size shrunk 0.00% compared to a year ago.
Despite grocery stores essential status in 2020, many consumers opted to shop online due to heightened fears around the virus. Online sales growth reached 111.6% YoY in November 2020, declining by 0.00% this year due to improved confidence and an open economy.
Surging food inflation rose to its highest rate since August 2018 (0.00%) in November.
Six out of 11 sub categories exerted upward pressure to food price inflation with the category which contains confectionary contributing the greatest.
Cost pressures continue to pass through the supply chain with the costs manufacturers are facing (input producer price inflation) accelerating by 0.00% YoY, while the inflation retailers are facing (output price inflation) rose to a 13-year high (+9.1%).
Food inflation is expected to rise further in coming months, reflecting these recent increases in costs.
Ongoing supply chain issues were continuing to impact product availability with 0.00% of consumers reporting difficulty accessing products, broadly unchanged from last month.
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Food inflation surges
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Retail Economics publishes monthly Retail Sector Reports for the UK Food & Grocery sector giving you actionable insights for your business.
It provides in-depth analysis of the latest macroeconomic and consumer trends affecting UK supermarkets and grocers including market size estimates for: Fresh & Chilled, Ambient, Alcohol and Tobacco, Non-Alcoholic and Frozen sectors.