Shop price inflation backs to ‘normal’ in UK, retail body says

ISTANBUL

The shop price annual inflation eased to 0.6% in May, down from 0.8% in April, the British Retail Consortium stated on Tuesday.

“Shop price inflation has returned to normal levels, at just 0.6%,” Helen Dickinson, the head of the consortium, said in a press release.

The consortium noted that the shop price annual growth is at its lowest since November 2021.

Non-food items remained in deflation at minus 0.8% in May, down from -0.6% in April.

It said: “Food inflation decelerated to 3.2% in May, down from 3.4% in April.”

“Retailers are playing a key part in bringing inflation down, but future government policy must support this too,” Dickinson said.

• shop price inflation
• UK