Price of Christmas dinner jumps to outstrip food inflation [Yahoo! Finance]
TESCO PLC S/ADR (TSCDY)
NASDAQ:AMEX Investor Relations:
tescoplc.com/investors
Company Research
Source: Yahoo! Finance
The average Christmas dinner will cost £32.57 this year, an increase of 6.5pc or £2, compared with a year ago, according to grocery data experts Kantar. Wetter weather and flooding in Britain have hit harvests of Christmas dinner staples such as in carrots in recent weeks, leaving many farmers with destroyed crops Based on an average meal for four people, the cost of parsnips has jumped by 12.7pc to 71p, while carrots have risen by 11.4pc to 49p. Potatoes have surged by 16.2pc to £1.65, while cauliflower was up by 14.6pc to £1.18 and Brussels sprouts were 1.1pc costlier at 89p. The significant increase in costs means the price of a Christmas dinner rose at almost three times the rate of grocery inflation, which Kantar said stood at 2.6pc in the four weeks to Dec 1. It also marks the biggest rise since 2022 when the cost jumped 9.3pc in the wake of the pandemic. Frozen turkey prices have also surged, rising 8.5pc to £14.09. It comes after years of turmoil for turkey farmers, w
Show less
Read more
Impact Snapshot
Event Time:
TSCDY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TSCDY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TSCDY alerts
High impacting TESCO PLC S/ADR news events
Weekly update
A roundup of the hottest topics
TSCDY
News
- Aldi And Lidl Just Can’t Stop Expanding Amid Cost Of Living Squeeze [Forbes]Forbes
- Mince pie prices jump by 40pc in Christmas shopping blow [Yahoo! Finance]Yahoo! Finance
- Shameless supermarkets are ripping off retirees – and getting away with it [Yahoo! Finance]Yahoo! Finance
- UK Meat Wholesaling Market Research Report (2014-2029): Challenging Conditions and Lower Meat Consumption Weigh on Market Growth [Yahoo! Finance]Yahoo! Finance
- Shift in UK Christmas Shopping Behaviours for 2024 - Consumers Intend To Do The Majority of their Christmas Food Shopping In-Store in 2024 [Yahoo! Finance]Yahoo! Finance