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Tesco PLC’s Price War Shows Up In Official Inflation Statistics

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.

Tesco is one of five shares in the FTSE 100 that our top analysts have highlighted in our special report "5 Shares To Retire On". To find out the reasons behind their inclusion, and the names of the other four shares, simply click here to have it delivered completely free to your inbox.

Owain Bennallack has no position in any shares mentioned. The Motley Fool UK owns shares of Tesco. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.