Kantar Worldpanel – which tracks supermarket till prices, sales and market share – said its measure of grocery inflation slowed to 2.1% in the four weeks to 9 June from 2.4% the previous month.
That left the figure at its lowest level since October 2021 – just months before the war in Ukraine prompted an unprecedented leap in till prices, becoming a key plank of the energy-driven cost of living crisis.
The report showed there is still upward pressure on the cost of items such as chilled fruit juices, vitamins and supplements and chocolate confectionery – the latter a consequence of poor cocoa harvests.