date:Aug 04, 2012
With consumers already strapped for cash, the indications are that a period of low inflation is about to end, dampening down sales volumes, according to investment group Shore Capital.
Office for National Statistics data indicates that food inflation slowed to 2.0% in June 2012, the slowest rate since the 1.7% reported for June 2010.
But a Shore Capital note about UK Food Consumer Price Index (CPI) issued late last month stated: We entered 2012 with an expectation that food inflation in part