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Supermarkets see largest drop in grocery price inflation since its peak

Sainsbury’s sales growth edged ahead this month, marking the first time since January this year it has led Asda and Tesco

Grocery price inflation has seen its steepest decline since inflation peaked in March this year, falling 1.6 percentage points to 14.9% in the four weeks to 9 July 2023, according to the latest data from Kantar.

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