UK shop price inflation slows to 10-month low

Annual shop price inflation cooled to 6.9% in August, the BRC said, weakening from 7.6% in July. This was driven by falling food inflation, which fell to 11.5% from July's 13.4%, particularly for fresh produce such as meat, potatoes and some cooking oils. UK retail sales dampened by wet weather These figures would have been lower still had the government not increased alcohol duties earlier this month, the BRC highlighted. Non-food inflation held at 4.7%, with toiletries and cosmetics seeing price growth ease as many key components became cheaper, while inflation for clothing an...