Food down a snip, but profits still up

Although news just in may be whispering of a wafer-thin helping of food inflation slowdown – for most of us in the real world your tasty turkey dinner is still going to be a bit of a Scrooge-like stretch.

Yesterday (December 5), news agency Reuters reported that food inflation was down slightly, slowing to 9.1 per cent in November according to Kantar; that the cost of the Christmas dinner up was up 1.3 per cent year-on-year; and that Sainsbury’s has the largest market share gain in over a decade.

The post Food down a snip, but profits still up appeared first on Unite Live.

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