By Kyle Morris

Amazon.com Inc. said Monday that it was launching a scheme to price match Tesco PLC's Clubcard via its Amazon Fresh grocery business.

Amazon said the pricing initiative will include hundreds of products and is available to delivery customers.

The price match comes as consumers face a jump in the cost of living, with the consumer-price index--which measures what consumers pay for goods and services--increasing 9.1% in May, its fastest pace since June 1982.

Write to Kyle Morris at kyle.morris@dowjones.com

(END) Dow Jones Newswires

July 18, 2022 08:05 ET (12:05 GMT)

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