Consumers have spent more money on their groceries over the past quarter, as prices have risen. Retailers and manufacturers will need to increase their focus on marketing and promotions in order to maintain demand.
» Read more
Europeans spent 2.3 % more for everyday groceries in the final quarter of 2018 than in that of 2017. In the third quarter, growth was still + 3.8 %. Discounters are also experiencing a slowdown.
» Read more
In the fourth quarter of 2017, European consumers spent an additional 4.4 % on groceries, the highest increase since 2012. Benelux volumes are under pressure though.
European consumers have spent 3.7 % more on grocery shopping in the second quarter than in the first, the largest increase in three years’ time. The Benelux also bounced back from bad results in previous quarters.
European consumer spending on food, drinks and care products barely grew 0.2 % in the first quarter of 2017. A late Easter had something to do with that, but the continued low inflation numbers also had their effect.
In the third quarter of 2016, European consumer spending on daily purchases like food, drinks and beauty care products only grew slightly. In Belgium and the Netherlands rising prices compensated for a drop in volume, but in the UK both went down.