UK shoppers feel the pinch as retail prices climb

While the United Kingdom gears up for the Queen’s Platinum Jubilee celebrations and a four-day extended bank holiday from 2 to 5 June, shoppers are facing the highest inflation for grocery sales prices in 13 years. During the 12 weeks to 15 May 2022, U.K. supermarket sales fell 4.4 percent, according to the latest take-home grocery figures from data insights company Kantar, although it finds that sales declined at a softer rate of 1.7 percent over the past month. Despite the decline, it was…