Shop price inflation eased in February - but consumers are still paying 3.5 per cent more for food than a year ago, figures show.
Overall shop inflation fell slightly to 1.1 per cent from January’s 1.5 per cent, in line with the three-month average of 1.1 per cent, as fierce competition between retailers kept price rises in check and customers benefited from promotions across health, beauty and fashion, according to the British Retail Consortium (BRC) and NIQ.