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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, figures showBusiness live – latest updatesThe 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. Continue reading...

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