BGN Entrepreneur

Food prices are rising at their lowest level for more than a year-and-a-half, figures revealed today.
According to British Retail Consortium statistics, it is shown that the food inflation stood at 3.8% in July, which is a considerable slowdown from the 5.6% increase in prices reported in June. This news confirms a four-month consecutive decline for the inflation level.
The Nielson Shop Price Index, which is used to measure the cost of products across the food retail industry, showed the overall shop price inflation at just 0.5% in July, which is its lowest ever since last December.

Related posts:

1. The Falling Cost of Fresh Groceries Brings Food Price Inflation Down
   According to some new figures from the British Retail Consortium,...
2. Threat of Sustained Inflation
   Industry bodies and market research groups have played down the...
3. Interest Rates Relief for Borrowers as Inflation Falls to 4%
   The Office for National Statistics just released figures, indicating that...
4. What Does Inflation Mean?
   As interest rates have plunged, the Retail Prices Index, which...
5. UK Manufacturing Slows to 21-month Low
   According to the purchasing managers’ index reported on Friday, it...