Mike Watkins on Aldi

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Last quote by Mike Watkins on Aldi

Supermarket food inflation, at 2.2%, is at its highest for nearly four years and retailers have done a great job of cushioning shoppers from the rising food chain costs they're experiencing, exacerbated by the weakening pound, but this can't last for ever. Inflation is helping supermarkets' growth and the good news for them is that shoppers are still spending. Meanwhile, the good news for shoppers is that grocery inflation is still below that in other parts of the economy – such as travel and fuel – and should peak later in the year.feedback
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Oct 17 2017
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Quotes by Mike Watkins on Aldi

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