UK grocery inflation 4.3% in the four weeks to Dec 28th (prev. 4.7% in Nov); grocery sales +3.8% Y/Y over the four-week period

• Tesco (TSCO LN) +4.3% (prev. +6.9%) 
• Sainsbury's (SBRY LN) +5.2% (prev. +5.2%) 
• Ocado (OCDO LN) +15.0% (prev. +13.6%)

UK grocery inflation has eased to 4.3% from 4.7% in November, suggesting a potential moderation in consumer price pressures. This decrease, coupled with a 3.8% year-on-year growth in grocery sales, indicates resilience in consumer spending despite ongoing inflation concerns. Investors may view these trends as positive for the consumer staples sector, impacting stock performance of key players like Tesco and Sainsbury's.