Shop price inflation in the United Kingdom was up just 1.1 percent on year in June, the British Retail Consortium said on Wednesday - down from 1.5 percent in May and marking the slowest rate of increase since November 2009.
On a monthly basis, shop prices were up 0.1 percent.
Food prices dropped 0.2 percent on month and added 3.5 percent on year, representing a 23-month low after showing a 0.6 percent monthly gain and a 4.3 percent annual increase in May.
Non-food prices were up 0.4 percent on month and down 0.3 percent on year after rising 0.3 percent on month and falling 0.1 percent on year in May.
by RTT Staff Writer
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