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UK shop price inflation eases to lowest level in more than two years

UK shop price inflation eases to lowest level in more than two years

The UK’s annual inflation rate dropped to 0.6% in May. Credit: William Barton via Shutterstock. Shop price inflation in the UK has fallen to its lowest level since November 2021, according to data from the British Retail Consortium (BRC) and NielsenIQ. The country’s annual inflation rate dropped to 0.6% this month (May), down from 0.8%...