Shop price inflation falls further and shows ‘signs of normalising’
Shop price inflation fell in April to reach its lowest level since December 2021 as food and non-food inflation reached manageable levels, providing relief to many households.
Annual shop price inflation eased to 0.8% in April, down from 1.3% in March and below the three-month average of 1.4%, according to the latest BRC-NielsenIQ Shop Price Index.
Food inflation slowed to 3.4% in April, down from 3.7% in March – the 12th consecutive month of deceleration.
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