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In a surprising turn of events, the fierce competition among supermarkets has resulted in the first monthly decline in food prices in more than two years, as disclosed by the British Retail Consortium (BRC). Here’s a breakdown of the key findings and their implications.
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The BRC revealed that prices in September experienced a marginal decrease of 0.1% from the previous month. This slight drop marks a significant departure from the upward trajectory witnessed over the past two years.
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