Shop price inflation remains flat as food prices fall

High Street

Shop price inflation remained steady in December as food inflation fell for the eighth consecutive month, dropping to its lowest since June 2022.

Annual shop price inflation remained unchanged at 4.3% in December, falling below the three-month average rate of 4.6%.

Shop price growth was at its lowest since June 2022, according to the latest BRC-NielsenIQ Shop Price Index.

 

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