Shop price inflation eases but food costs still 3.5% up on a year ago

Overall food inflation fell to 3.5% from 3.9% in January, figures showed (PA) - (PA Wire)

Shop price inflation eased in February but consumers are still paying 3.5% more for food than a year ago, figures show.

Overall shop inflation fell slightly to 1.1% from January’s 1.5%, in line with the three-month average of 1.1%, 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.