UK shop price inflation eased to 0.2% in June, the smallest increase since October 2021.
UK shop price inflation eased to 0.2% in June, marking the smallest increase since October 2021 as food inflation slowed for the 14th consecutive month. The overall annual shop price inflation has slowed to its lowest level in almost three years, providing some relief to consumers. The British Retail Consortium (BRC) attributes the decline to retailers' investments in improving operations and supply chains.
July 01, 2024
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