Tesco share price rally has stalled but June 14th will be crucial
The Tesco (LON: TSCO) share price has continued to fire on all cylinders this year as its performance remained steady. It has jumped by over 11% this year, outperforming other British retailers like Marks and Spencer (MKS) and Sainsbury (SBRY). Tesco’s business is doing wellTesco, the biggest British retailer is performing well as the country’s inflation retreated and wage growth continued growing. Economic data by the Office of National Statistics (ONS) showed that the country’s wages with bonuses rose by 5.9% in April, higher than the expected 5.7%. Excluding bonuses, the country’s wages jum...