Lidl in the news as UK supermarkets hike prices, boost pay, and roll out loyalty perks—global discounter from Germany, rival to Aldi.
UK grocery inflation slowed to 1.1% in February, the lowest in three months, driven by fierce retailer competition and falling global costs. Food inflation decreased to 3.5%, with non-food prices also easing. The Bank of England monitors food prices closely as they influence overall inflation expectations.