Grocery inflation falls to lowest levels in nearly two years

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Grocery price inflation fell to 5.3% in February, the lowest rate seen since March 2022, although value remains a priority for shoppers.

Food prices were down 1.5% from January, while take-home grocery sales during the period grew in value by 5.1% in the four weeks to February 18, 2024, according to the latest market share data from Kantar.

 

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