By Megan Robinson3 October 2023
Both food inflation and shop price inflation have seen a continued drop and are at their lowest levels since August 2022 and September 2022 respectively.
Food inflation declined to 9.9% in September, down from 11.5% in August, and is the fifth consecutive deceleration in the food category, according to the BRC-NielsenIQ Shop Price Index.
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Both food inflation and shop price inflation have seen a continued drop and are at their lowest levels since August 2022 and September 2022 respectively.
https://www.retail-week.com/grocery/food-prices-drop-due-to-fierce-competition-between-retailers/7044709.article