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Shop price deflation hits 0.7% in January as prices are expected to rise
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investmentweek.co.ukNon-food products reported significant discounts, with deflation within the sector hitting -1.8% in January, up from -2.4% in December and higher than the three-month average rate of -2%. UK inflation lowers to 2.5% in December Meanwhile, food inflation slid to 1.6% in January, down from 1.8% in December 2024. Similarly, fresh food inflation fell from 1.2% in December to 0.9% this month, while ambient food inflation also edged down from 2.8% to 2.5% in the same period. Helen Dickinson, chief executive of the BRC, said the widespread January sales were «good news bargain hun...
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