Grocery price inflation in the UK has decelerated to its lowest level since December 2024, according to new data.
Supermarket prices were 2.6% higher than a year earlier, marking a continued moderation in the cost of living for consumers.
Shoppers made 497 million trips to supermarkets over the four weeks ending July 12, the highest volume recorded since March 2020.
The slowdown in price growth coincided with a significant surge in consumer activity.
Shoppers made 497 million trips to supermarkets over the four weeks ending July 12, the highest volume recorded since March 2020.
The spike in footfall was driven by a combination of heatwaves and the World Cup, which encouraged more frequent, smaller shopping baskets rather than bulk buys.
This development adds to a broader trend of cooling inflation across major economies.