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UK food prices fall for the first time in five months
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Shop price inflation fell from 2.9% at the start of the year to 2.5% in February, the weakest pace of increase in nearly two years, according to the British Retail Consortium and NielsenIQ's latest shop prices inflation index. Consumer confidence dips for first time in three months Helen Dickinson, chief executive at the British Retail Consortium, said easing input costs for energy and fertiliser had caused the month-on-month declines in the price of fresh food, including meat, fish and fruit. Regarding non-food, she said inflation for furniture, electricals and health and beauty p...
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