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Some hope on the inflation front for the UK

This has been a problem for many months now with UK food price inflation having run at its fastest pace in 45 years back in April here. It has fallen back to roughly 14.6% in June, down from the 18.3% reading in May, but is still a major problem generally. However, Sainsbury is saying that there is perhaps something positive developing:"We've seen in those products where the prices went up first, and that was predominantly in fresh food, we've seen prices start to come down. The packaged product... Read More

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Posted: Jul 4 2023, 09:45

Author Name: forexlive

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