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Evening Standard
Evening Standard
Business
Henry Saker-Clark

Greggs expects ‘easing inflationary pressures’ to boost shoppers

Greggs
Greggs has said ‘easing inflationary pressures’ should boost stronger consumer spending after it revealed a slump in profits (Mike Egerton/PA) - (PA Wire)

Greggs has said “easing inflationary pressures” should boost stronger consumer spending after it revealed a slump in profits for the past year.

The high street bakery chain well known for its sausage rolls and steak bakes also reported a slowdown in sales growth over the start of the new year.

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