Grocery sales tick up as food inflation falls again

Tesco supermarket aisle

Grocery sales were steady in August as stubbornly high prices for food fell for another month.

Grocery price inflation fell 2.2 percentage points to 12.7% in the four weeks to August 6, 2023, according to the latest data from Kantar. As a result, overall take-home grocery sales increased by 6.5% over the period, down from 10.4% in July.

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