UK grocery sales hit a year-high of £11.6 billion in October despite a 2.3% price hike.

Grocery prices rose 2.3% in October, yet UK supermarket sales hit £11.6 billion, the year's highest. Households made a four-year-high of 480 million trips. Halloween boosted sales, with confectionery spending reaching £525 million. Early Christmas shoppers bought Christmas cakes and mince pies. Ocado saw a 9.5% sales increase, while Asda's sales fell by 5.5%. High street retailers worry that tax increases could raise costs and inflation.

4 months ago
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