UK grocery price inflation fell to single digits for the first time since July last year, but consumers are likely to continue feeling the pinch, a survey from the market research group Kantar showed Tuesday.
Separate surveys from the BRC and Barclays also showed that consumers are tightening their purse strings as they head into the Christmas shopping season as the high cost of living hurt their spending.
Grocery price inflation slowed to 9.7 percent for the four weeks to October 29, Kantar said. Inflation was 11 percent in the previous report.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
by Jyotsna V
For comments and feedback: contact editorial@rttnews.com