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The Independent UK
The Independent UK
Business
Josie Clarke

Shop price inflation falls on back of heavy discounting by retailers

United Nations Inflation Middle East
Food price inflation fell from March’s 3.4% to 3.1% in April (Yui Mok/PA) - (PA Wire)

Shop price inflation fell in April on the back of heavy discounting by retailers amid warnings consumers are yet to see the “full force” of the Middle East conflict.

Shop prices overall are now 1% higher than last April, down from 1.2% in March and below the three-month average of 1.1%, according to the British Retail Consortium (BRC) and NIQ.

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