UK shop inflation fell to 2.5% in February, marking the ninth consecutive monthly decline.
UK shop inflation fell to its lowest level in nearly two years in February, with overall store prices rising 2.5% year-on-year, compared to a 2.9% increase in January. This marks the ninth consecutive monthly decline and is attributed to easing supply-chain pressures, falling input costs for energy and fertilizers, and fierce competition between retailers.
February 26, 2024
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