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Grocery Price Inflation in Great Britain Drops to 3.2%

The decline marks the 14th consecutive month of reduced grocery price inflation, fueled by increased promotional offers and falling prices for essential items.

  • Grocery price inflation in Great Britain slowed to 3.2%, the lowest since November 2021, due to promotional offers and price reductions on items like toilet rolls, butter, and milk.
  • Promotional deals contributed to significant savings, with shoppers saving an estimated £1.3 billion or £46 per household over the past month.
  • Easter promotions drove record sales of confectionery, with spending on sweets and chocolates topping £100 million.
  • Supermarkets like Ocado, Lidl, and Aldi saw substantial growth, with Ocado leading the online market with a 12.5% increase in sales.
  • The intense competition among supermarkets, including a price war, has been a key factor in maintaining lower grocery prices.
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