Could food inflation in UK finally be waning? Food manufacturer price cuts offer hope

UK grocery sales see significant spike, grow by fastest rate in more than 10 years

Consumer food costs could drop sharply through the end of 2023 after food and drink manufacturers slashed their prices in September to pre-pandemic levels, according to the UK Sector Tracker Report from Lloyd’s Bank. The 48.8 tracker reading, which measures output charges, was down for the second consecutive month and was the lowest since February […]