The price of expenditure in Great Britain increases to 3.8 % during April

Tuesday, the data issued by the food sector showed that the inflation of shopping prices in the United Kingdom increased slightly to 3.8 percent in April, which has increased the charges for consumers who have already faced heights of energy, bills and taxes on the local council.

The Canar Market Research Company reported that the inflation rate during the four weeks ended on April 20 increased from 3.5 percent of March, compared to its lowest level recently at 1.4 percent last October. The company said that total grocery sales increased by 6.5 percent in the same period, supported by the delay in Easter times this year, according to Reuters.

“Canar” indicated that supermarkets intensified the reduction in prices and promotional offers with the aim of stimulating growth. ASDA, the third chain of larger food in the United Kingdom, announced last month the desire to support a drop in its profits to finance price cuts, in an attempt to restore their market share.

The move has aroused a reaction from the companies “Tesco” and “Sensbury”, the two largest series of the market, since they warned that the growing competition can affect their profits following the “Price War” escalation.

“Food shops have improved their price strategies to maintain their competitiveness and attract customers,” said McVite, head of the detail department and consumer visions to Canar.

Although ASDA is still decreasing in the performance of the sector, its sales decreased by 3.8 percent during the twelve weeks that end on April 20 is an improvement compared to a decrease of 5.6 percent in the previous month, according to data.

The “Lidel” series was the best performance among traditional supermarkets during that period, as it recorded an annual growth growth of 10.1 percent, followed by “Okado”, with an increase of 11.8 percent. As for “Tesco”, it recorded a 6 % and “centbury” growth of 4.4 percent.

The British detail union previously warned on the same day of further inflationary pressure, in light of continuous operating costs, including the imposition of a new tax on packaging scheduled for next October.

A separate survey by the Union showed that the inflation of food prices in Great Britain amounted to 2.6 percent in April, which is the highest in about a year.