Supermarket price cuts has reduced cost of milk , bread , eggs and chicken drop . price cuts have saved shoppers around £ ##500 in recent years . Supermarkets have slashed their prices to compete with Aldi and Lidl . Prices are around 1.6 per cent cheaper at stores compared to a year ago . Experts said declining price of essentials is increasing spending cuts .
Supermarket price war has seen cost of milk , bread , eggs and chicken drop . Price cuts have saved shoppers around £400million in three months . Supermarkets have slashed their prices to compete with Aldi and Lidl . Prices are around 1.6 per cent cheaper at stores compared to a year ago . Experts said declining price of essentials is increasing spending power .