Fierce competition between supermarkets has led to the first monthly drop in food prices for more than two years, an industry body has said.
The British Retail Consortium (BRC) said prices in September were down 0.1% from the previous month.
Prices of dairy goods, margarine, fish and vegetables – which are often own-brand lines – all saw falls, it said.
Prices of dairy goods, margarine, fish and vegetables – which are often own-brand lines – all saw falls, it said.
The BRC said food prices rose by 9.9% in the year to September, down from a rate of 11.5% in August.
Overall shop price inflation – which includes non-food items – fell to 6.2% last month, the lowest rate for a year.
The BRC said households had been helped by price cuts on school uniforms and other back-to-school items.
When the rate of inflation falls, it does not mean prices are coming down, but that they are rising less quickly.
The BRC’s chief executive, Helen Dickinson, said price rises were expected to continue to slow over the rest of the year.
Fierce competition between supermarkets has led to the first monthly drop in food prices for more than two years, an industry body has said.
Prices of dairy goods, margarine, fish and vegetables – which are often own-brand lines – all saw falls, it said.
The British Retail Consortium (BRC) said prices in September were down 0.1% from the previous month.
The BRC said food prices rose by 9.9% in the year to September, down from a rate of 11.5% in August.
Prices of dairy goods, margarine, fish and vegetables – which are often own-brand lines – all saw falls, it said.
Prices of dairy goods, margarine, fish and vegetables – which are often own-brand lines – all saw falls, it said.
The BRC said food prices rose by 9.9% in the year to September, down from a rate of 11.5% in August.
Overall shop price inflation – which includes non-food items – fell to 6.2% last month, the lowest rate for a year.
The BRC said households had been helped by price cuts on school uniforms and other back-to-school items.
When the rate of inflation falls, it does not mean prices are coming down, but that they are rising less quickly.
The BRC’s chief executive, Helen Dickinson, said price rises were expected to continue to slow over the rest of the year.
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