UK grocery inflation unchanged for December breaking declining trend

Remains at 4.3%

The UK’s shop price inflation remained at 4.3% for December 2023, breaking up six consecutive months of declines.

The latest figures from the British Retail Consortium (BRC) trade body, which represents biggest retailers, showed that December's figures matched November's results, as the price increase on non-food items offset easing costs on food. December's results were still below the 15.7% peak recorded in April 2023. Food specific inflation was 2.2% of the total figure and decreased to 6.7% year-on-year, down from 7.8% in November. UK grocery inflation slows again as staple food prices drop for first time in a year Non-food contributed to 2.1% of the headline figure and rose to 3.1%, up...