UK grocery inflation in single digits for first time this year -Kantar

<p>British grocery inflation has fallen below 10% for the first time since July 2022, industry data showed on Tuesday, providing some relief for consumers as they enter the key Christmas shopping period.</p><p><a href="https://piqsuite.com/reuters/uk-grocery-inflation-in-single-digits-for-first-time-this-year-kantar" target="_blank" rel="nofollow">FULL STORY</a></p><p>Market researcher Kantar said annual grocery inflation was 9.7% in the four weeks to Oct. 29, down from 11% in last month's report.</p><p>The Kantar data provides the most up-to-date snapshot of UK grocery inflation. </p><p>The most recent official data showed annual food inflation was 12.1% in September, though prices did fall on the month for the first time in two years.</p>

This article was written by Ryan Paisey at www.forexlive.com.