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flag UK inflation slowed to 1.1% in February, lowest in four years, due to strong competition and falling non-food prices.

flag UK shop price inflation slowed to 1.1% in February from 1.5% in January, the lowest in four years, driven by strong retailer competition and promotions, particularly in non-food categories where prices fell 0.1% year on year. flag Food inflation eased to 3.5% from 3.9%, with fresh food up 4.3%, still above recent averages. flag While the decline offers some relief, prices remain higher than a year ago, and households continue to face financial pressure amid uncertain consumer demand and rising global energy costs.

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