UK Grocery Inflation +4.0% Y/Y, Sales +3.8% Y/Y in the 4 weeks to January 25, via Worldpanel
The latest UK grocery inflation report shows a year-on-year increase of 4.0%, while sales growth was slightly lower at 3.8%.
EUROPEAN OPEN: WAF GY prelim Q4 tops expectations; PUB FP profits miss, sales beat; PSM GY sales fall on weak advertising; AKZA NA warns of tough 2026; REP SM downgraded at JPMorgan, UHR SW upgraded at BofA
European Movers: Antofagasta (ANTO LN) +4.6%, Swatch (UHR SW) +2.6%, Orsted (ORSTED DC) -1.4%, Akzo Nobel (AKZA NA) -2.5%, Publicis (PUB FP) -4.8%, BayWa (BYW6 GY) -8%
UK Grocery Inflation +4.0% Y/Y, Sales +3.8% Y/Y in the 4 weeks to January 25, via Worldpanel
Italy's Tesoro opens book to sell new 15-year BTP bond via syndication, with guidance seen +10bps to 2040 BTP
French Inflation Rate MoM Prel (Jan) M/M -0.3% vs. Exp. -0.1% (Prev. 0.1%)
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This inflation data indicates persistent price pressures within the consumer sector, implying potential implications for monetary policy as the Bank of England may need to evaluate the ongoing impact on living costs and consumer behavior.
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