Shop prices fall at fastest rate since May 2018, spurred by grocery

Tesco ailse

Shop prices declined in September as non-food prices decreased and grocery inflation also eased to its lowest rate since April 2018.

Overall shop prices declined 0.6% in September, compared to a 0.4% decline in August.

According to the BRC-Nielsen Shop Price Index, non-food prices fell by 1.7% during the month, in comparison with a 1.5% fall in August, and marking the highest rate of decline since May 2018.

Grocery prices were also impacted, as food inflation eased to 1.1% in September compared with 1.6% in August, spurred by fresh food inflation halving month-on-month to 0.7% in September, also marking the lowest inflation rate since last March.

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