UK Grocery Inflation Cools, But Shoppers Still Feel the Pinch
U.K. annual grocery inflation fell slightly in August but remained stubbornly high, providing limited relief for shoppers, according to the latest report from market researcher Worldpanel by Numerator.
Grocery inflation for the four-week period ended Sept. 7 stood at 4.9%, compared with 5.0% the previous month.
Prices rose fastest in markets such as chocolate, fresh meat and butter and fell fastest in household paper, sugar confectionery and dog food, Worldpanel said.
Grocers' own premium-label lines continued to be popular among budget-conscious shoppers...
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