The Amazon-Whole Foods deal has barely made a dent in US grocery prices, despite fears of a price war (AMZN)
Business Insider -

Business Insider/Hayley Peterson

Grocery prices have fallen since Amazon's purchase of Whole Foods last year.

Prices in the US fell 0.3% in the 12 months ending in June, compared to a 0.6% increase over the same period last year, according to data from Adobe Analytics.

"Amazon is having downward pressure on pricing when it comes to groceries," according to Siddharth Kulkarni, a data science manager and analyst for Adobe Digital Insights.

Grocery stocks were hammered after Amazon cut prices at...

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