UK Grocery Inflation Drops to Lowest Monthly Rate But Still ‘Pretty Painful’: Report

A customer shops for vegetables in the fruit and vegetable section of a Sainsbury's supermarket in east London on Feb. 20, 2023. Daniel Leal/AFP via Getty Images

Grocery price inflation has fallen to its lowest rate this year, bringing slight relief to British consumers, according to UK market research analysts.

Grocery inflation sits at 16.5 percent for the four weeks to June 11, which is its lowest level since last year. However, analysts at the data analytics company Kantar have warned that the 16.5 percent figure is still the sixth highest monthly figure in the past 15 years.