There’s nothing phony about Tesco (LSE:TSCO) and the rest of the UK supermarkets’ fierce battle for survival against the hard discounters like Aldi and Lidl. In fact, their price cuts are driving down the inflation rate — and with no salvation coming from wage growth, we can expect the pressure on prices to continue.
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Tesco PLC’s Price War Shows Up In Official Inflation Statistics
VIDEO: One Fool puts Tesco PLC (LON:TSCO) under the spotlight.
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