date:Jul 15, 2014
se in the average retail price. The average retail price for beef during the 52 weeks ending May 25, 2014, was 7.65, an 8% increase on the previous 52-week period.
Meanwhile the LMC also notes that household penetration has remained almost unchanged at 85.5% during the period under analysis while the volume purchased per household was back 5% to 12.2kg.
This would indicate that while similar numbers of consumers are buying beef they are buying it in smaller volumes with the increased retail pr