The Zhitong Finance App learned that the increase in food prices in the UK has fallen back to its lowest level in nearly two years as British consumers are looking for discounted products to reduce living expenses. According to data released by market research firm Worldpanel by Numerator on Tuesday, the year-on-year increase in similar grocery prices in the UK fell to 2.1% in the four weeks ending August 9, the lowest since October 2024, and the fifth consecutive month of decline. The previous data for the fourth week of July 12 was 2.6%, and the previous period was 3.0%. The downward trend in inflation is obvious.
Zhitongcaijing · 2d ago
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The Zhitong Finance App learned that the increase in food prices in the UK has fallen back to its lowest level in nearly two years as British consumers are looking for discounted products to reduce living expenses. According to data released by market research firm Worldpanel by Numerator on Tuesday, the year-on-year increase in similar grocery prices in the UK fell to 2.1% in the four weeks ending August 9, the lowest since October 2024, and the fifth consecutive month of decline. The previous data for the fourth week of July 12 was 2.6%, and the previous period was 3.0%. The downward trend in inflation is obvious.
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