The UK grocery retail market will be worth £118.1bn by the end of 2004, according to IGD predictions.
IGD believes the market will increase by 2.7% year-on-year by he end of this current year. It also predicts the UK market will rise to £133.5bn by 2009.
Predicted growth has been attributed to low price food inflation, and the fact that food and grocery is now the third biggest element of household expenditure.
IGD believes the market will increase by 2.7% year-on-year by he end of this current year. It also predicts the UK market will rise to £133.5bn by 2009.
Predicted growth has been attributed to low price food inflation, and the fact that food and grocery is now the third biggest element of household expenditure.
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