date:Jan 10, 2013
down from 4.6% in November, while ambient food inflation was 3.9% down from 4.5% in November.
Incomes remain under pressure
Shore Capital analysts Darren Shirley and Clive Black said: We expect it [food price inflation] to remain in the system at reasonably full levels, so inhibiting industry volumes as real incomes remain under pressure and helping to sustain high promotional participation by the trade.
Meanwhile, Sainsbury has reported a small rise in sales over the festive period, claimin