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Morrisons Issues Statement on Rising Food Prices
Morrisons' sales grew 3.5% to £4 billion in the latest quarter despite inflation rising to 5.1%, prompting £63 million cost savings and price cuts on 650 products.
Summary by Bristol Post
6 Articles
6 Articles
Morrisons reports a slowdown in sales amid high food inflation - London Business News
Morrisons chief executive Rami Baitieh has said that customers are “feeling the squeeze” as food prices keep rising. Baitieh said they have seen sales fall in the latest quarter as… The post Morrisons reports a slowdown in sales amid high food inflation appeared first on London Business News
Coverage Details
Total News Sources6
Leaning Left2Leaning Right0Center3Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
L 40%
C 60%
Factuality
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