Emeritus Prof Christopher May on Nostr: Qualified good news on #groceries #inflation... although to be fair the drop is only ...

Qualified good news on #groceries #inflation... although to be fair the drop is only down to a level that two years ago would have looked astronomical...

Still this may be a sign that inflationary pressures in the #food #supplychain are easing?

If so (and its a big if) we may seem some easing of the #costoflivingcrisis (for those who have managed to secure near-inflation wage rises, at least)

[also looks like the falls have been mainly in staples - milk etc. - not across all foods!]