Price Wars 'Increase Spending'

Summary


SUPERMARKET price wars will increase consumer spending according to a key business leader in South Wales.

South Wales Chamber of Commerce managing director David Russ has welcomed a fall in CPI inflation from 5.2 per cent to 5 per cent which the Office for National Statistics put down to discounting by supermarkets.

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Extract


Price Wars 'Increase Spending'

Mr Russ said: "Although ...

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