Shop price deflation comes to an end in August
Shop prices entered inflationary territory in August for the first time in over five years, with prices increasing by 0.1% compared with the 0.3% decrease in July.
Non-food deflation continued to ease in August to 1% from 1.4% in July, the lowest rate of deflation since April 2013, and food inflation increased to 1.9% in August compared with July’s rate of 1.6%.