Customer

Shop price inflation falls further and shows ‘signs of normalising’

By 29 April 2024

Shoppers on Glasgow high street

Shop price inflation fell in April to reach its lowest level since December 2021 as food and non-food inflation reached manageable levels, providing relief to many households.

Annual shop price inflation eased to 0.8% in April, down from 1.3% in March and below the three-month average of 1.4%, according to the latest BRC-NielsenIQ Shop Price Index.

Food inflation slowed to 3.4% in April, down from 3.7% in March – the 12th consecutive month of deceleration. 

 

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