Cost of Christmas Dinner Shows Britain’s Inflation-Crisis Easing
- Price rises just 5% this year, retail researcher Assosia finds
- Increase well below the food inflation peak earlier this year
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The price of Christmas dinner is bringing some relief for British shoppers in the latest sign that the shock to food prices is beginning to unwind.
The price of seven festive staples including turkey, parsnips and Brussels sprouts has risen by 5% over the past year, according to Assosia data provided to Bloomberg. That is well below the near 20% peak of food inflation seen in March and under the current rate of wage growth.