UK shop price inflation eased in February largely due to the fall in non-food prices, the British Retail Consortium said Tuesday.
Shop price inflation softened to 1.1 percent in February from 1.5 percent in the previous month. Prices were expected to climb 1.4 percent.
Non-Food prices fell 0.1 percent in February, in contrast to the 0.3 percent increase in January. Food inflation climbed 3.5 percent compared to the 3.9 percent increase in January.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.