Shop prices fall as food inflation eases pre-coronavirus

UK-high-street

Shop prices fell in March driven by falling non-food prices and easing food inflation, but BRC boss Helen Dickinson warns that grocery prices may rise amid seasonal shift and increased demand.

Food prices fell 0.8% in the period from March 2 to March 6, marking a steeper rate of decline than the 0.6% fall recorded in February by the BRC-Nielsen Shop Price Index.

This fall was also steeper than the six- and 12-month averages of 0.5% and 0.3% respectively.

Non-food prices fell 1.9% in March, marking the steepest rate of decline since May 2018.

Food inflation also eased in the month to 1.1%, down from 1.6% in February and below the 12- and six-month averages of 1.6% and 1.4% respectively.

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