Topline
British shoppers are seeing the cost of some staple groceries go down for the first time in more than a year as inflation falls to the lowest rate since last fall, research company Kantar said Tuesday, suggesting the cost-of-living crisis in the U.K. could be starting to ease—but food inflation in the U.K. is higher than in some other western countries.
Key Facts
Grocery prices in the U.K. rose by an annual rate of 11% in September, down from 12.2% in August—the lowest year-over-year jump in food prices since July 2022, Kantar said—the British Retail Consortium reported food prices declined month-to-month in September for the first time in two years, the Financial Times reported.
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