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Economist Vicky Pryce has reacted to news that shop price inflation has hit its lowest point since 2021.
Speaking to GB News, Pryce said: "Costs are still reasonably high for supermarkets. That had to pay a lot more in terms of wages, still some transport costs and so on.
"But overall, I think we could have expected by now to see prices falling rather than just inflation falling. And that is something which I think we need to be looking at for the future as well."
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