Sainsbury's cuts some bread and butter prices
The supermarket is reducing its own branded salted butter from £1.99 to £1.89 for 250g packets from Tuesday.Wholesale food prices have been falling globally, but supermarkets have been criticised for not passing on price falls quickly enough.
Sainsbury's said it was able to lower some of its bread and butter prices due to wholesale prices beginning to fall. However, as commodity prices have started to fall, supermarkets have started to cut prices on some products - but not others. Last month the Office for National Statistics said the UK was "not there yet" in terms of supermarkets reflecting wholesale price falls.
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