Grocery prices continue to rise as inflation surpasses 3%. Despite this increase, the current inflation rate remains significantly lower than previous peaks during the cost of living crisis. Shoppers are still feeling the impact, but the situation appears to be more manageable now compared to earlier in the year.
A variety of factors influence these price adjustments. Supply chain challenges and rising production costs contribute heavily. However, grocery price inflation remains a critical issue for many households facing tightened budgets.
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