Food Price Inflation at Lowest Level for 14 Months - Report ; Economy

Summary


A new report shows falling dairy and meat costs saw food price inflation drop to its lowest level for 14 months in June.

Reductions in fresh produce caused a 5.6 per cent rise in the cost of food last month compared to a year before, according to the latest British Retail Consortium (BRC) - Nielsen Shop Price Index.

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Food Price Inflation at Lowest Level for 14 Months - Report ; Economy

The figure was down from 6.4 per cent in May as retailers slashed prices in the face of...

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