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The Money Edit
The Money Edit
Business
Sue Hayward

Supermarkets cut the price of milk for the first time in years: is this the start of cheaper food prices?

Pattern of glass cups filled with milk on pink background.

Supermarkets are cutting the price of milk for the first time in three years: is this finally the start of cheaper food and drink prices? The price of milk had shot up to a whopping 95p a pint but some supermarkets have now dropped the price by 5p.  While this won’t make a massive saving for shoppers – it could be the start of cheaper food prices.

Tesco has announced it is dropping the price of a pint of milk for the first time since May 2020.  Its 5p price cut was quickly followed by other supermarkets including Sainsbury’s, Aldi and Lidl.

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