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Mike Watkins

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Mike Watkins Life story


Michael John Watkins is a former Welsh rugby union player who won four caps for Wales as a hooker. He played club rugby for Cardiff and Newport and county rugby for Monmouthshire.

Food prices see first fall for two years as stores compete

Food prices see first fall for two years as stores compete
Oct 2,2023 9:11 pm

... Mike Watkins from NielsenIQ, which produces the shop price index with the BRC, said that despite price cuts by supermarkets in recent weeks, " there continues to be pressure on budgets with over half of households still feeling that they are significantly impacted by the continued increases in cost of living"...

Food price inflation slows to lowest level this year

Food price inflation slows to lowest level this year
Jul 31,2023 11:51 pm

... Mike Watkins, head of retailer and business insight at NielsenIQ, admitted the outlook was improving...

Supermarket price rises hit new high in May

Supermarket price rises hit new high in May
May 29,2023 7:50 pm

... Mike Watkins, head of retailer and business insight at NielsenIQ, said: " Food retailing in particular is competitive, so hopefully the recent price cuts in fresh foods is a sign that inflation has now peaked, albeit ambient inflation may take a little while longer to slow...

Shoppers face higher prices after energy bill help ends

Shoppers face higher prices after energy bill help ends
Jan 3,2023 7:21 pm

... Rising food and energy prices along with the arrival of Christmas spending bills mean shoppers will have less to spend on non-essential items in January, according to Mike Watkins, head of retailer and business insight at NielsenIQ...

Coffee prices jump as food inflation hits new high

Coffee prices jump as food inflation hits new high
Nov 30,2022 6:20 am

... Mike Watkins of NielsenIQ, which carried out the research, said that with prices still rising shoppers would be managing their Christmas budgets " more closely than at any time since the start of cost-of-living crisis" In response, retailers were offering seasonal savings and price cuts in an effort to encourage shoppers to spend " as we move into December " he added...

Cost of living: Margarine prices rise, but blueberries get cheaper

Cost of living: Margarine prices rise, but blueberries get cheaper
Oct 1,2022 7:30 am

... " Mike Watkins, head of retailer and business insight at NielsenIQ, said: " With food and household energy prices continuing to rise, it s no surprise that NielsenIQ data shows that 76% of consumers are saying they expect to be moderately or severely affected by the cost-of-living crisis over the next three months, up from 57% in the summer...

Shop prices rise at fastest rate in over ten years, says BRC

Shop prices rise at fastest rate in over ten years, says BRC
Mar 2,2022 3:52 am

... Mike Watkins, head of retailer and business insight at research firm NielsenIQ, said he expects shop prices to continue to rise over the next few months...

Coronavirus: Six ways the lockout has changed, UK

Coronavirus: Six ways the lockout has changed, UK
Apr 18,2020 11:08 pm

... If the country was told not to travel, people shopping, says Mike Watkins, Nielsen head of retailer and business insight...

Food prices see first fall for two years as stores compete

Apr 18,2020 6:32 pm

By Nick EdserBusiness reporter

Fierce competition between supermarkets has led to The First monthly drop in food prices for More Than two years, an industry body has said.

The British Retail Consortium (BRC) said prices in September were down 0. 1% from The previous month.

Prices of dairy goods, margarine, fish and Vegetables - which are often own-brand Lines - All saw falls, it said.

Grocery Inflation - The annual rate at which food prices are Rising - Remains High but is starting to ease.

The BRC said food prices rose by 9. 9% in The year to September, down from a rate of 11. 5% in August .

Overall shop price Inflation - which includes non-food items - Fell to 6. 2% last month, The lowest rate for a year.

The BRC said households had been helped by price cuts on school uniforms and other back-to-school items.

When The rate of Inflation falls, it does not mean prices are coming down, but that they are Rising less quickly.

The BRC's chief executive, Helen Dickinson , said price rises were expected to continue to slow over The rest of The year.

" However, there are still many risks to this trend - High interest rates, climbing oil prices, global shortages of sugar, as well as The supply chain disruption from The War in Ukraine, " she added.

Mike Watkins from NielsenIQ, which produces The Shop price index with The BRC, said that despite price cuts by supermarkets in recent weeks, " there continues to be pressure on budgets with over half of households still feeling that they are significantly impacted by The continued increases in cost of living".

The BRC's findings echo The recent official Inflation figures, which showed that slowing food prices were behind a surprise Fall In Inflation in August .

, helped by falling prices for milk, cheese and Vegetables .

The slowdown in Inflation led The Bank of England to keep UK interest rates unchanged at its meeting last month.

, bringing to an end a run of 14 consecutive rate rises by The Bank as it sought to keep Inflation Under Control .

Bank governor Andrew Bailey said Inflation was expected to continue to fall, and there were " increasing signs" that higher rates were starting to hurt The economy.

How can I save money on my food shop?

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Source of news: bbc.com

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