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  • NEWS Desk Global

UK GROCERY INFLATION EASES TO LOWEST LEVEL SINCE JULY 2022

British grocery inflation eased to its lowest rate for 15 months heading into October, industry data showed on Tuesday, providing more relief for shoppers hurt by high prices and for the government whose key economic pledge is to bring inflation down. Market researcher Kantar said annual grocery inflation was 11% in the four weeks to Oct. 1.

All of the country's major supermarket groups have cut the prices of essential products in recent months. Market leader Tesco TSCO.L said last week it had reduced the prices on 2,500 products in its first half and predicted food inflation would continue to fall in the second.

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