date:May 31, 2023
ve the three-month average rate of 8.9%. This brings shop price growth to a fresh high.
To help mitigate the impact of inflation, shoppers are saving money by looking for seasonal promotions on the high street and taking advantage of the price reductions offered by supermarket loyalty schemes, adds Mike Watkins, head of retail and business insights at NielsenIQ, says.
Food retailing, in particular, is competitive, so hopefully, the recent price cuts in fresh foods is a sign that inflation has