October 1, 2024

UK shop prices fall at fastest rate since 2021 despite rising fresh food inflation

Claudio Ctin1 mins
UK shop prices fall at fastest rate since 2021 despite rising fresh food inflation

Overall shop price deflation was 0.6% in September compared with 0.3% in August, says trade body

Prices in UK shops are falling at the fastest rate since 2021 despite an increase in fresh food inflation as wet weather hit UK production while the cost of olive oil and sugary snacks continues to be affected by the climate crisis.

Overall shop price deflation was 0.6% in September compared with 0.3% in August, according to the latest figures from the British Retail Consortium (BRC) trade body.

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