UK Grocery Price Inflation Slows as Retailers Launch Pre-Christmas Promotions
The pace of grocery inflation in Britain slowed last month as retailers ramped up promotions before Christmas, providing a little relief for consumers bracing for further tax rises in this month’s budget.
Grocery inflation stood at 4.7% in the four weeks to 2 November, easing from 5.2% in the previous four weeks, according to figures from Worldpanel by Numerator, formerly known as Kantar.
Official data published last month showed overall UK inflation held steady at 3.8% in September, with food inflation slowing. The next official figures are due on 19 November, shortly before the...
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