Food inflation in the United Kingdom fell for the first time in two years to 15.4% in May from a record 15.7% in April, the British Retail Consortium (BRC) said on Tuesday.
“Food inflation decelerated to 15.4% in May, down from 15.7% in April. This is the same as the 3-month average rate of 15.4%, and is the second highest inflation rate in the food category on record,” the BRC said in a statement.
BRC Chief Executive Helen Dickinson said the slowdown in inflation was largely due to lower energy and commodity costs.
At the same time, canned food inflation rose to 13.1% from 12.9% in April, while fresh produce inflation fell to 17.2% from 17.8%, the consortium said.
