UK grocery inflation slows to 3.8 percent in April

Worldpanel reported United Kingdom grocery inflation fell to 3.8% in the four weeks to April 19. This rate is down from 4.3% in the previous period. Lower price growth offers temporary relief ahead of an expected further rise in food prices due to the Iran war.

Worldpanel by Numerator reported Tuesday that grocery sales rose 0.9% year-on-year during the same four-week window. This growth occurred as shoppers adjusted to a slower pace of price increases across supermarket aisles.