, Columnist
Inflation May Soon Peak in the Grocery Aisle
Groceries aren’t getting cheaper anytime soon, but companies are pointing to fewer price rises this year.
The price isn’t right, yet.
Photographer: DANIEL LEAL/AFPThis article is for subscribers only.
It’s been one step forward, two steps back on inflation lately. While there are signs of easing on both sides of the Atlantic, it remains stubbornly high, indicating that the path to stable prices may not be straightforward.
Yet we can take some comfort in the unlikeliest of places — the grocery aisle. Food retailers and consumer-goods groups are pointing to fewer price rises during the course of this year.