City AM
UK · 3 hrs ago
Supermarkets ‘actively shielding’ shoppers as food inflation falls again
Food inflation fell again in July to its lowest level in nearly five years, as retailers claim they are “actively shielding” consumers from worse price rises. The rate of food price inflation slipped to 1.3 per cent last month, down from 1.7 per cent in June, to reach the lowest point since September 2021. Industry…
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