Reduction is second sharp drop in a row as milk and sunflower oil get price cuts while eggs, sweets and chips increase again

Food price inflation in the UK eased to 12.7% last month, the second sharp drop in a row, as the price of milk fell back but eggs, sweets and oven chips continued to increase.

Price rises slowed for the fifth month in a row in the four weeks to August 6, market research group Kantar reported on Tuesday.

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