Overall shop prices reported deflation of 1.0% in February, a sharp deceleration from the 1.7% fall in January.
Non-food deflation decelerated to 1.8% in February, an easing from the 2.3% decline in the previous month.
Food reported inflation of 0.4% in February, a sharp acceleration from the 0.8% fall in January. This is…
LONDON, 2016-Sep-06 — /EPR Retail News/ — Helen Dickinson OBE, Chief Executive, British Retail Consortium. "Shop prices continued their record run in deflationary territory. Lower prices this August compared to last were driven by a combination of continuing promotional activity, softening oil prices and a global supply glut of wheat weighing on food prices.
"The devaluation of sterling…
LONDON, 2015-4-9 — /EPR Retail News/ — Overall shop prices reported deflation for the 23rd consecutive month, accelerating to 2.1% in March, from 1.7% in February.
Food reported annual deflation of 0.9% in March from a 0.4% fall in February.
On a 12-month average basis, the Shop Price Index reported deflation of 1.7%.
Non-food deflation accelerated to 2.8%…