LONDON, June 19 (Reuters) - British supermarket Morrisons said on Monday it was cutting the prices of 47 products by an average of over 25%, in another sign that a surge in inflation might be set to abate.
Morrisons, Britain's fifth largest supermarket group, said products subject to the latest price cuts included beef mince, ham, tomatoes, spinach and wholemeal pittas.
On Friday, market leader Tesco (TSCO.L), said Britain's food inflation has peaked.
2 Sainsbury's (SBRY.L) reduced the price of toilet paper, and upmarket grocer Waitrose reduced the price of over 200 products.
EXPLAINER-Why is UK food inflation so stubbornly high?
Persons:
Rishi Sunak's, Kantar, James Davey, Alistair Bell
Organizations:
British, Morrisons, Bank of England, Tesco, Asda, Waitrose, Thomson