Shop price inflation hits six-year high

Shop price inflation increased by 0.7% in February, up from 0.4% in January, and is the highest inflation rate since March 2013.

According to the BRC, non-food prices rose by 0.2% year-on-year during the month, compared with the January decrease of 0.2%. Additionally, food inflation rose slightly to 1.6%, up from 1.5% in January, with fresh food inflation also increasing to 1.7% in February, up from 1.2% last month.