Shop price inflation ‘likely to have peaked’ in April

Tesco ailse

Inflation is “likely to have peaked” during the first week of April, despite continuing to reach record highs in some categories, according to the latest figures from the BRC-Nielsen Shop Price Index.

Shop price inflation decreased to 8.8% in the first week of April, down from 8.9% in March, but continued to exceed the three-month average of 8.7%.

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