J Sainsbury PLC (GB00B019KW72) | |||
2,81 GBXStand (close): 03.07.25 |
![]() |
||
Nachrichten |
||
Datum / Uhrzeit | Titel | Bewertung |
27.06.25 12:43:44 | Sainsbury’s investors eye sales as grocers step up focus on price cuts | ![]() |
Sainsbury’s will be the latest supermarket to shed light on how its sales have fared in recent months as grocers battle to lure in squeezed shoppers amid rising food inflation. The UK’s second largest supermarket chain will publish its first quarter trading update on Tuesday. It has not been immune to competition heating up among UK retailers in recent months, several of whom have come under pressure to cut prices to reel in consumers struggling with a higher cost of living. The shift has partly been sparked by Asda promising its biggest price cuts in 25 years while discounters Aldi and Lidl continue to take on larger rivals with low-cost products. Both Tesco and Sainsbury’s have Aldi Price Match lines, offering hundreds of products price-matched to Aldi across stores.Sainsbury’s said in April it had launched the biggest Aldi Price Match scheme in the market (Alamy/PA) Sainsbury’s recently said it had more products in the scheme than any other retailer with around 800 items from fresh and cupboard food to wine and toiletries. A group of analysts for AJ Bell pointed out that Sainsbury’s shares were “nudging toward their highest mark in a year, and they are not that far from their five-year Covid-inspired high either”. “This suggests that fears of a supermarket price war, spearheaded perhaps by Asda, are yet to be realised,” they said. The analysts noted that recent data from the Office for National Statistics showed food and non-alcoholic drink prices rose by 4.4% in the year to May – the highest level in more than a year. Investors will be keen to see how the group’s sales have fared in recent months, since reporting a 4.2% increase in full-year sales, excluding fuel, back in April. At the time, it predicted its profits to be flat in the year ahead as stronger sales volumes were expected to be offset by weaker profitability amid the investment in price cuts. This means that underlying profits should come in at about £1 billion for the year to the end of March 2026. Investors will also be watching out for any update to its annual forecast on Tuesday. View Comments |
||
17.04.25 06:55:04 | Sainsbury’s predicts flat profits as grocery price war heats up | ![]() |
Sainsbury’s (SBRY.L) has indicated that profits will be flat over the next year as it faces intensifying competition from rivals on price and a surge in costs. It came as the UK’s second largest supermarket chain reported that sales and profits grew over the year to March. The retailer said full-year sales, excluding fuel, rose by 4.2% to £26.6 billion as it increased its share of the UK grocery market. Meanwhile, retail underlying operating profits rose by 7.2% to £1.03 billion for the year.Sainsbury’s chief executive Simon Roberts (Sainsbury’s/PA) It told shareholders that these profits will be about £1 billion for the new financial year as stronger sales volumes are expected to be offset by weaker profitability. Earlier this month, rival Tesco (TSCO.L) said it would see weaker profits as it sets more money aside to invest in price cuts. It comes amid pressure from Asda, the UK’s third largest chain, after its returning boss Allan Leighton said it would slash prices in a bid to turn around its fortunes. On Thursday, Sainsbury’s said it was growing market share after investing £1 billion in improving its pricing. The company also said it was launching its “biggest investment in expanding our store space in over a decade”, with about 40 new stores opening this year. Grocery sales grew by 4.5% for the past year, while sales at its Argos arm slipped by 2.7% to £4.9 billion. However, the retailer said it has started the new financial year with “good trading momentum” across all its brands after Argos grew in the final quarter. Simon Roberts, chief executive of Sainsbury’s, said: “We have created a winning combination of value, quality and service that customers love, investing £1 billion in lowering our prices. “Our belief in the strength of Sainsbury’s offer has driven our decision to make our largest investment in expanding our store space in over a decade as we open supermarkets in key new locations and extend food space within many of our existing stores.” View Comments |
||
17.04.25 06:51:00 | Sainsbury’s Profit Beat Market Views | ![]() |
Sainsbury’s beat profit expectations for the full fiscal year, as the company focuses on supporting sales volumes by lowering prices. Continue Reading View Comments |
||
04.04.25 05:52:05 | Is Now An Opportune Moment To Examine J Sainsbury plc (LON:SBRY)? | ![]() |
J Sainsbury plc (LON:SBRY), might not be a large cap stock, but it saw significant share price movement during recent months on the LSE, rising to highs of UK£2.77 and falling to the lows of UK£2.31. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether J Sainsbury's current trading price of UK£2.39 reflective of the actual value of the mid-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let’s take a look at J Sainsbury’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Is J Sainsbury Still Cheap? J Sainsbury appears to be expensive according to our price multiple model, which makes a comparison between the company's price-to-earnings ratio and the industry average. We’ve used the price-to-earnings ratio in this instance because there’s not enough visibility to forecast its cash flows. The stock’s ratio of 31.58x is currently well-above the industry average of 14.39x, meaning that it is trading at a more expensive price relative to its peers. Another thing to keep in mind is that J Sainsbury’s share price is quite stable relative to the rest of the market, as indicated by its low beta. This means that if you believe the current share price should move towards the levels of its industry peers over time, a low beta could suggest it is not likely to reach that level anytime soon, and once it’s there, it may be hard for it to fall back down into an attractive buying range again. Check out our latest analysis for J Sainsbury What does the future of J Sainsbury look like?LSE:SBRY Earnings and Revenue Growth April 4th 2025 Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Buying a great company with a robust outlook at a cheap price is always a good investment, so let’s also take a look at the company's future expectations. J Sainsbury's earnings over the next few years are expected to double, indicating a very optimistic future ahead. This should lead to stronger cash flows, feeding into a higher share value. What This Means For You Are you a shareholder? It seems like the market has well and truly priced in SBRY’s positive outlook, with shares trading above industry price multiples. However, this brings up another question – is now the right time to sell? If you believe SBRY should trade below its current price, selling high and buying it back up again when its price falls towards the industry PE ratio can be profitable. But before you make this decision, take a look at whether its fundamentals have changed. Story Continues Are you a potential investor? If you’ve been keeping an eye on SBRY for a while, now may not be the best time to enter into the stock. The price has surpassed its industry peers, which means it is likely that there is no more upside from mispricing. However, the positive outlook is encouraging for SBRY, which means it’s worth diving deeper into other factors in order to take advantage of the next price drop. With this in mind, we wouldn't consider investing in a stock unless we had a thorough understanding of the risks. Every company has risks, and we've spotted 2 warning signs for J Sainsbury (of which 1 makes us a bit uncomfortable!) you should know about. If you are no longer interested in J Sainsbury, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. View Comments |
||
17.03.25 15:40:13 | JSAIY or WMT: Which Is the Better Value Stock Right Now? | ![]() |
Investors interested in Retail - Supermarkets stocks are likely familiar with J. Sainsbury PLC (JSAIY) and Walmart (WMT). But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look. There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits. J. Sainsbury PLC has a Zacks Rank of #2 (Buy), while Walmart has a Zacks Rank of #3 (Hold) right now. This means that JSAIY's earnings estimate revision activity has been more impressive, so investors should feel comfortable with its improving analyst outlook. But this is just one piece of the puzzle for value investors. Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels. The Value category of the Style Scores system identifies undervalued companies by looking at a number of key metrics. These include the long-favored P/E ratio, P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that help us determine a company's fair value. JSAIY currently has a forward P/E ratio of 10.74, while WMT has a forward P/E of 32.48. We also note that JSAIY has a PEG ratio of 2.23. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. WMT currently has a PEG ratio of 4.53. Another notable valuation metric for JSAIY is its P/B ratio of 0.85. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. By comparison, WMT has a P/B of 7.04. Based on these metrics and many more, JSAIY holds a Value grade of A, while WMT has a Value grade of C. JSAIY stands above WMT thanks to its solid earnings outlook, and based on these valuation figures, we also feel that JSAIY is the superior value option right now. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report J. Sainsbury PLC (JSAIY) : Free Stock Analysis Report Walmart Inc. (WMT) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research View Comments |
||
17.03.25 13:40:14 | Should Value Investors Buy J. Sainsbury (JSAIY) Stock? | ![]() |
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits. In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment. One company value investors might notice is J. Sainsbury (JSAIY). JSAIY is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock holds a P/E ratio of 10.68, while its industry has an average P/E of 29.44. JSAIY's Forward P/E has been as high as 13.87 and as low as 9.73, with a median of 11.90, all within the past year. JSAIY is also sporting a PEG ratio of 2.57. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. JSAIY's PEG compares to its industry's average PEG of 4.11. Over the last 12 months, JSAIY's PEG has been as high as 3.60 and as low as 1.92, with a median of 2.60. These figures are just a handful of the metrics value investors tend to look at, but they help show that J. Sainsbury is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, JSAIY feels like a great value stock at the moment. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report J. Sainsbury PLC (JSAIY) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research View Comments |
||
05.03.25 06:00:06 | UK’s cheapest supermarket revealed | ![]() |
Aldi has been named the cheapest supermarket in February, with an average household basket full of groceries and other essentials coming in at £182.64, a study by consumer group Which? found. Lidl came in second, with the same shopping list costing only £1.87 more at £184.51 with the supermarket’s loyalty scheme Lidl Plus and £2.30 more without, at £184.94. Aldi shoppers saved an average of £63.15 over the month compared with customers at Waitrose, which at £245.79, was the most expensive retailer. Read more: Mobile and broadband providers offer perks worth up to £549 The basket of 100 items cost £201.85 at Asda, £205.31 at Tesco (TSCO.L) with a Clubcard, £212.98 at Morrisons with a More card, £213.46 at Sainsbury’s (SBRY.L) with a Nectar card, and £230.90 at Ocado (OCDO.L). Reena Sewraz, Which? retail editor, said: “Our latest monthly analysis once again sees Aldi crowned as the UK’s cheapest supermarket, however, Lidl remains close behind its rival. It was also a good month for Asda, as it held on to the top spot as the cheapest supermarket for a bigger list of groceries. “With people still feeling the effects of food inflation and with prices forecast to rise again, people are likely looking to cut costs where they can. Our analysis shows that by switching supermarkets consumers could save up to 26 per cent, highlighting the advantages of shopping around where possible." The list of items included both branded and own-brand items, such as Birds Eye Peas, Hovis bread, milk and butter. Special offers and loyalty prices were included, but any multi-buys were not. Read more: How Gen X can still save for a decent retirement The study also found Asda to be the cheapest supermarket for a larger trolley of 206 items, at £512.30. Asda beat Tesco by £3, which came in second at £515.30. Asda’s top spot for the longer shopping list comes after the supermarket brought back Rollback pricing — claiming to have slashed the prices of more than 4,000 products in-store and online by an average of 25%. Waitrose was the most expensive supermarket for a larger trolley of items. In February, a Waitrose shop cost a total of £585.10 on average. Meanwhile, data from Kantar showed grocery prices held steady in February despite fears of increases within months as supermarkets wheeled out promotions to hold on to customers. Grocery price inflation has remained at 3.3% after falling from 3.7% in December — its highest level since last March. The British Retail Consortium (BRC) has said it expects food inflation to hit 4% by the second half of the year amid geopolitical tensions and the imminent £7bn increase in costs from the autumn budget. Story Continues Sally Ball, head of retail at Kantar, said: “Of course, it’s hard to untangle the cost of living crisis from any post-Covid analysis, and the other big headline of the past few years has been consumers’ hunt for value. “You might think that people would shop around more to find the best deals but in fact that’s not the case.” Tesco has risen to become Britain’s largest grocer — up from second place 30 years ago — since it introduced its Clubcard scheme in 1995. Read more: Were you a winner in the February 2025 Premium Bonds draw? How rising house prices can impact your finances Does AI mean less pay for workers? Download the Yahoo Finance app, available for Apple and Android. View Comments |
||
20.02.25 06:00:41 | Six apps to cut your groceries bill | ![]() |
The humble egg became a symbol of economic hardship when Donald Trump’s press secretary blamed Joe Biden for US egg prices skyrocketing during his presidency. Inflation, in many ways, contributed to Biden’s downfall and the defeat of the Democrats. This side of the Atlantic, the UK has been facing its own cost of living crisis. Inflation is a key measure for the Bank of England when it sets interest rates, affecting everything from mortgage payments to grocery bills. When Liz Truss was briefly prime minister in October 2022, a head of iceberg lettuce cost just 59p. Fast-forward to 2025, and that same lettuce costs 72p. The drastic increase in the price of a lettuce and just about every other food staple can be attributed to several factors. Energy bills have increased, making it more expensive to keep supermarket lights on and trucks running. Energy ranks as the fourth-largest in-store operating expense for major UK shops, with an average annual bill of £400,000 per store. Read more: UK inflation jumps more than expected to 3% in January Fuel and transport costs mean even basic items like milk and bread now come with a higher price tag. Supply chain issues, caused by Brexit and global conflicts, have impacted the import and export of food. The trend known as shrinkflation means your favourite chocolate bar may well be much smaller than it used to be, though the price has remained the same. That’s because brands are subtly reducing portion sizes while keeping costs the same, so the consumer is paying more for less.With inflation on the rise, grocery-saving apps offer a way to cut costs, reduce food waste, and take advantage of discounts or cashback offers.·Stephen Chung Best app for the adventurous shopper: Too Good To Go Too Good To Go is ideal for shoppers who value a great deal and enjoy a little surprise in their shopping cart. It partners with bakeries, supermarkets and restaurants to sell “surprise bags” of food that would have been wasted otherwise. Users can download the app for free and don't need to pay a subscription fee. They can reserve and pay for their surprise bag through the app, then pick it up at the designated collection time. The items are often discounted by at least 50%, helping to reduce your grocery bill while also minimising food waste. Too Good To Go initially launched in Denmark in 2016, but now operates in 19 countries and has over 100 million users. Best app for the civic-minded shopper: Olio Another app that is working to reduce food waste is Olio, though it centres around a community-based approach. You’ve probably had occasions where you thought you’d cook a meal at home but ended up eating out with friends instead. Olio helps ensure that those unused ingredients are still put to good use. Story Continues It connects you with neighbours to receive and give discounted or free groceries to others in your area, whether that’s fresh fruit and veggies or unopened pantry items. Not only does it provide an alternative to shopping in-store, it’s a great way to connect with your local community.Olio helps ensure that surplus ingredients are still put to good use.·ISABEL INFANTES via Getty Images Best apps for cashback shopping: Shopmium and JamDoughnut If you’re not into clipping coupons but still love a good discount, Shopmium makes saving easier. Shopmium offers cash back on specific grocery items; you just buy them, scan your receipt, and get money back. It’s an effortless way to save on everyday essentials, and the cashback goes straight to your account. Launched in 2011, it has amassed over 5 million users, is free to download and has no subscription fee. A similar UK-based platform is JamDoughnut, which offers users instant cash-back by purchasing digital gift cards from popular shops like Tesco (TSCO.L) and Sainsbury’s (SBRY.L). As of December 2024, the app has 250,000 users and processes over 10,000 transactions daily. JamDoughnut is free to download and use. After creating an account, users can browse retailers on the app and choose the gift card value. Read more: UK’s best and worst supermarkets revealed Unlike other gift cards, you get instant cash-back after making the purchase. You can use this digital gift card either online or in-store. Best apps for price-comparisons: Trolley.co.uk and Basket Another way to ensure you’re getting the best bang for your buck is by using an app like Trolley.co.uk, which allows you to compare prices across shops like Aldi, Tesco and Sainsbury’s to get the item you're after at its lowest price. Users can save a list of weekly shopping items within the app and reuse it over and over again. The app also includes a barcode scanning feature, which helps find the best prices in real-time while shopping. It launched in 2021 and helps close to a million shoppers save on their grocery shopping. Trolley.co.uk says it aims to help users save up to 30% on their weekly grocery shop. Launched in December 2015, Basket is another price-comparison app that helps shoppers track price changes and find the best deals. Not only does it provide an alternative to shopping in-store, it’s a great way to connect with your local community. Read more: UK inflation rise is a blow to Bank of England interest rate cut path Homeowners hit with £243 monthly rise at end of fixed-rate mortgages Where to park your money for better returns after interest rate cuts Download the Yahoo Finance app, available for Apple andAndroid. View Comments |
||
10.02.25 00:01:00 | Unemployment Fears Are Getting in the Way of a UK Consumer Boom | ![]() |
(Bloomberg) -- British workers are increasingly worried about losing their jobs, and it’s preventing the economy from benefiting from a potential uplift in consumer spending. Most Read from Bloomberg Nice Airport, If You Can Get to It: No Subway, No Highway, No Bridge Sin puente y sin metro: el nuevo aeropuerto de Lima es una debacle The Forgotten French Architect Who Rebuilt Marseille In New Orleans, an Aging Dome Tries to Stay Super Citadel to Leave Namesake Chicago Tower as Employees Relocate Unemployment expectations rose to a two-year high in January, according to a recent Bank of America report. Separate figures from the Recruitment and Employment Confederation published Monday showed companies are paring back job postings at the steepest pace since the midst of the pandemic in 2020, and increasingly turning to redundancies. The miserable outlook was reflected in the Bank of England’s latest monetary policy report last week, as officials warned of lower growth and higher unemployment while cutting interest rates to 4.5%. “Even though people still see strong wage growth in the UK, they might not spend more because they are worried about losing their jobs,” said Marion Amiot, senior European economist at S&P Global Ratings. “The consumer income recovery has mainly been driven by wage increases in the UK, but employment has stagnated, with redundancies even likely to have increased at the end of 2024.” Unemployment fears are a risk to the UK economy even if job losses turn out to be relatively modest. The Labour government has promised to increase growth but will struggle to do so in the short-term without a rebound in consumer spending. Britain’s savings ratio, however, has stayed high by historical standards. Critics say Chancellor of the Exchequer Rachel Reeves worsened the situation when she increased payroll taxes by £26 billion ($32.3 billion) in her budget last October, prompting several big companies to reduce headcount. Supermarket J Sainsbury Plc announced it will cut 3,000 roles in response to the employment tax hikes. While that’s just a fraction of Sainsbury’s total payroll numbers, the announcement from the UK’s second-largest grocer was seen as a harbinger of things to come. Almost half of British adults were concerned about their job in January, according to Office for National Statistics data, a 54% increase from levels seen at the same time last year when the UK was emerging from a recession. UK consumers have been reluctant to spend their real wage gains, preferring to set more money aside after the pandemic. Sentiment was affected by Labour’s warnings about the state of the economy after the party came to power last summer, while trade tensions since Donald Trump’s election in the US may have added to the impression of a volatile outlook. Shoppers are also facing renewed cost-of-living pressures as energy and food inflation make a comeback. Story Continues Over half of UK adults said last month that they’re reducing discretionary spending to cope with higher costs for essentials, official figures showed. Despite one of the best years on record for real-terms pay, GfK’s measure of consumer confidence slipped to the lowest since before Labour returned to power, with households still refraining from buying big-ticket items. Reeves recently announced a wide range of planning and regulatory reforms, as well as a green-lighting a controversial third runway at Heathrow airport, in an attempt to refocus the narrative on growth after a gloomy first six months in office. However, economists warn that most measures announced might take years before they have any meaningful effect on GDP. The BOE last week slashed its growth forecast to just 0.75% for this year. “Where would short-term growth come from? When real wages are nudging up, the British consumer is the logical answer,” said Barret Kupelian, chief economist at PWC UK. “But at the moment consumers remain skittish and it is showing up in their spending and saving patterns.” --With assistance from Andrew Atkinson. Most Read from Bloomberg Businessweek The Reason Why This Super Bowl Has So Many Conspiracy Theories Orange Juice Makers Are Desperate for a Comeback Believing in Aliens Derailed This Internet Pioneer’s Career. Now He’s Facing Prison Business Schools Confront Trump Immigration Policies Inside Elon Musk’s Attack on the US Government ©2025 Bloomberg L.P. View Comments |
||
05.02.25 06:00:50 | UK’s cheapest supermarket in January revealed | ![]() |
Aldi has been named the cheapest supermarket in January, with an average household basket full of groceries and other essentials coming in at £185.83 in January. Lidl came in second, with the same shopping list costing only 76p more at £186.59 with the supermarket’s loyalty scheme Lidl Plus and 79p more without, at £186.62, a study by consumer group Which? found. Shoppers at the German discounter saved an average of £57.08 over the month compared with customers at Waitrose, which at £242.91, was the most expensive retailer. Read more: Were you a winner in the February 2025 Premium Bonds draw? The basket of 100 items cost £204.90 at Asda, £207.66 at Tesco (TSCO.L) with a Clubcard, £213.49 at Morrisons with a More card, £214.04 at Sainsbury’s (SBRY.L) with a Nectar card, and £231.03 at Ocado (OCDO.L). Reena Sewraz, Which? retail editor, said: “Our latest monthly analysis once again sees Aldi crowned as the UK’s cheapest supermarket, however, Lidl remains hot on its rival’s heels. “Asda has also made up some ground after slipping back in our rankings in recent months. “With people still feeling the effects of food inflation, they are likely looking to cut costs where they can. Our analysis shows that by switching supermarkets consumers could save up to 23%, highlighting the advantages of shopping around where possible." Read more: Mobile and broadband providers offer perks worth up to £549 The list of items included both branded and own-brand items, such as Birds Eye Peas, Hovis bread, milk and butter. Special offers and loyalty prices were included, but any multi-buys were not. The study also found Asda to be the cheapest supermarket for a larger trolley of 210 items, at £518.90. Asda regained the crown from Tesco, which came in second at £529.01. Asda’s return to the top spot for the longer shopping list comes just days after it announced it was dropping its Aldi and Lidl price match scheme. The supermarket has instead brought back Rollback pricing — claiming to have slashed the prices of more than 4,000 products in-store and online by an average of 25%. Waitrose was the most expensive supermarket for a larger trolley of items. In January, a Waitrose shop cost a total of £592.34 on average. Meanwhile, data from Kantar showed that grocery inflation slowed in January for the first time in six months, as retailers ramped up promotions to attract budget-conscious shoppers. The price of groceries increased by 3.3%, easing from 3.7% in December, as the costs of toilet roll and cat food fell but prices of chocolate, butter and chilled juices rose. Story Continues Read more: How to fix gaps in your state pension contributions How to complete on a property before stamp duty deadline in March How to negotiate house prices View Comments |