UK Shop Price Inflation Eases in February, BRC Survey Shows
Annual shop price inflation in the UK slowed to 1.1% in February, the British Retail Consortium reported, driven by softer food price growth and declines in non-food categories. The BRC noted narrower rises for food overall, a drop in non-perishable food inflation to a four-year low, and a small fall in non-food prices. The trade group warned that …