February dip sends UK food price inflation to nearly two-year low
by Alex Lawson from on (#6JXKH)
Shoppers helped by falling energy costs and supermarket competition as meat, fish and fruit prices drop
Tumbling energy costs and a price war between Britain's supermarkets have slowed food inflation to its lowest rate for nearly two years in a boost for households trying to cope on stretched budgets.
The cost of meat, fish and fruit dipped in February, meaning food prices rose 5% on last year, down from 6.1% in January and the lowest since May 2022, according to the British Retail Consortium (BRC) shop price index.
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