Decline in UK shop prices slowed in April
The British Retail Consortium reported a 1.9% overall shop price deflation in April. Deflation has eased slightly since the 2.1% decline seen in March, the largest fall since records began in December 2006.
Non-food deflation slowed to 2.5% in April from 2.8% in March.
BRC Director General, Helen Dickinson, said: "The falling prices of non-food goods slowed down very slightly, whilst offering up great deals in clothing, electricals, books, stationery, home entertainment, DIY, gardening and hardware. April saw the 24th consecutive month of falling shop prices and the 25th consecutive month of falling non-food prices. These trends help to illustrate how retail has helped the consumer keep the cost of living down in recent years."
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