Business > Foreign Business
UK retailer Tesco sees early signs of easing inflation

LONDON: British supermarket giant Tesco said on Friday there are 'encouraging early signs' of easing inflation, but customers are still looking to save cash in a cost-of-living crisis.

'There are encouraging early signs that inflation is starting to ease across the market, and we will keep working tirelessly to ensure customers receive the best possible value at Tesco,' said chief executive Ken Murphy in an upbeat trading update.