Aldi, Lidl and Asda follow rivals in cutting milk prices

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Several supermarkets are reducing the cost of milk in a sign that inflation could be easing. …

Paul Savage, agriculture director at Arla, said milk supplies in the UK rose by 3.2% in March compared to the same month last year. “When coupled with a decline in dairy consumption and an overall decline in shopping spending, with 75% of people cutting expenditure on food, this is creating a change in the supply and demand of milk,” he said.

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