Shop price inflation reaches lowest point since August 2022

Ambient food inflation decelerated to 9.5% in October, down from 10.4% in September and below the 3-month average rate of 10.4%

Shop price annual inflation has dropped to 5.2% in October, down from 6.2% in September, reaching its lowest point since August 2022, according to data from the British Retail Consortium (BRC).

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