Slight relief for UK shoppers as inflation eases

Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleGrocery price inflation in the UK eased to 3.1 per cent in May, a decline from 3.8 per cent in April, offering some relief to consumers. Shoppers increasingly relied on promotions, with 30.3 per cent of sales last month involving a deal, compared to 28.4 per cent a year prior. Ocado was the fastest-growing grocer with sales up 10.2 per cent, while Lidl reached a record market share of 8.6 per cent, becoming Britain’s fifth largest grocer. The easing inflation occurs amidst government plans to suspend tariffs on some food imports, though concerns persist over the Middle East crisis's potential impact on food costs. A report highlights the “rocket and feathers” effect, where food prices rise sharply but fall slowly, explaining why grocery bills remain significantly above pre-pandemic levels. In fullGrocery price inflation eases as shoppers worry over Iran war cost risesThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in

Raccontata dacityam.comindependent.co.uk