Supermarket prices fall into deflation for first time fourteen months
By Alec Mattinson2020-12-11T08:57:00+00:00 Supermarket prices have fallen back into deflation for the first time in over a year, just as the industry prepares for a potential price shock from the UK’s exit from the EU. The Grocer Price index for November, collated by Edge by Ascential from almost 62,000 SKUs, recorded price deflation of 0.8% last month after prices rose by 0.2% in October. November’s price drop is the first time supermarket prices have been in annual deflation since September last year and is the largest monthly deflationary level seen since December 2017. The figures, ...
Source: thegrocer.co.uk