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UK grocery market shows first decline in two decades - Kantar

Reuters - UK Focus

LONDON, Nov 18 (Reuters) - Britain's grocery market has fallen into sales decline for the first time in 20 years, industry data showed on Tuesday.

Market researcher Kantar Worldpanel said UK grocery sales fell 0.2 percent in the 12 weeks to Nov. 9 compared to the same period last year - a first decline since its records began in 1994.

It said intense price competition meant that the average basket of everyday goods such as milk, bread and vegetables now costs 0.4 percent less than it did one year ago.

Kantar said sales at market leader Tesco (Xetra: 852647 - news) fell 3.7 percent over the 12 week period. (Reporting by James Davey; Editing by Neil Maidment)