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Story summary
- In February 2026, UK shop price inflation fell to 1.1% from 1.5%, per BRC and NIQ.
- Food prices rose 3.5% year-on-year in February 2026, down from January's 3.9%.
- Ambient food inflation dropped to 2.3%, the lowest in four years.
- Helen Dickinson, chief executive of the British Retail Consortium, said inflation is easing.
- Mike Watkins of NIQ highlighted competitive pricing as a factor in reducing inflation.
