UK grocery inflation slows to 3.8 percent during April
UK grocery inflation fell to 3.8% in April as Middle East tensions have not yet hit prices. Shoppers are seeking deals as top retailers gain market share.
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United Kingdom grocery inflation fell to 3.8% in the four weeks to April 19, down from 4.3% in the previous period. Data from Worldpanel by Numerator shows the conflict with Iran has not yet impacted supermarket shelf prices. Investors are monitoring these figures as a precursor to official government inflation data due in late May.
