Food inflation starting to fall, says Sainsbury’s as sales rise
by Sarah Butler and Julia Kollewe from World news | The Guardian on (#6CPMM)
Like-for-like sales up 9.8% in quarter and supermarket says it has put more than 60m into cutting prices of basics
Food inflation is starting to fall, according to the boss of Sainsbury's, who said shoppers were putting more items in their baskets as it began to cut prices on some basics.
Simon Roberts, the chief executive, said the supermarket was putting all our energy and focus into battling inflation" as household budgets were under more pressure than ever".
Continue reading...