Food price inflation will keep slowing, says Tesco boss

The pace of rising food prices will continue to slow this year, easing the pressure on households, the UK's biggest supermarket chain has said.

Tesco boss Ken Murphy said things remained "challenging" for customers but that the grocer would "continue to lower prices wherever we can".

The chain reported a big jump in profits for the first half of the year as wholesale costs came down.

It added that customers were buying more own-brand products to save money.