UK grocery price inflation has been slowing down, but at a slower rate, according to a recent report from Kantar, a leading market research company. The report suggests that despite the easing of inflationary pressures, grocery prices in Britain continue to rise, albeit at a more gradual pace.
The data from Kantar indicates that grocery price inflation in the UK was 0.8% in the most recent 12-week period, ending on October 10th. This represents a decrease from the previous period, where inflation stood at 1.3%. While this indicates a deceleration in the rate of inflation, prices are still on the rise for British shoppers.
