date:Mar 12, 2014
inking middle ground and cut prices to directlycombat the discounters.
Tesco, Asda and the Co-operative have all announcedprice-cutting initiatives in recent weeks and analysts expectMorrisons to do the same on Thursday.
Kantar said grocery inflation was 1.9 percent for the 12week period - the lowest level since July 2010.Separately on Tuesday data from the British RetailConsortium showed UK retail sales slowed markedly in Februaryafter a robust January, as food sales stagnated.