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UK grocery price inflation slows as retailers launch pre-Christmas promotions
Prices are rising fastest in markets such as chocolate confectionery, fresh meat and coffee, new figures show
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.
Source: www.theguardian.com
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