Times Online
Shoppers are being hit by a surge in the cost of groceries despite falls in the headline rate of inflation, according to figures released today.
Shop price inflation rose last month because of the increasing cost of meat, fresh produce and tinned goods, with overall prices up at an annual rate of 9 per cent, from 7.5 per cent in January.
But the CPI measure of inflation has fallen to 3 per cent, down from a peak of 5.2 per cent in September last year, and is forecast to drop to near 0 per cent in the coming months.
Overall shop prices rose at an annual rate of 1.9 per cent, up from 1.1 per cent in January, a survey from the British Retail Consortium (BRC) shows. .)
