Grocery price inflation still at record high despite first drop in nearly two years

Supermarket aisles at Christmas, showing shoppers and promotional decorations

Grocery inflation was still at a near-record high in November, despite prices dipping slightly for the first time in 21 months.

While the rate of grocery price inflation fell 0.1 percentage points to 14.6% in November, near-record price rises have seen sales of festive staples such as mince pies and Christmas puddings fall year on year, according to the latest Kantar grocery market share data. 

 

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